Binance Coin BNB

$6.04
Market Cap $ 789.827 MM (#13)
24h Volume $ 45.503 MM
Chg. 24h: 4.69%
Algo. score 3.5/5  (#195)
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Binance Coin News

Bitcoin acima dos U$ 4 mil e Tron sobe mais

Por: Livecoins A maior criptomoeda do mercado, o Bitcoin continua segurando as pontas no preço, e a altcoin Tron segue escalando no market cap. O Bitcoin ultrapassou a marca dos U$ 4 mil dólares por unidade nos últimos dias, mas ainda segue longe de se afastar dessa região de preços. O sentimento da comunidade cripto é ainda positivo na visão que nos próximos meses a moeda suba de valor, e desde a escalada dos preços o Bitcoin não voltou a cair de U$ 4 mil, mesmo testando o suporte no último dia 08 de Janeiro. Uma das ocasiões em que o Bitcoin anda sendo mais necessário na economia mundial é quando as crises se aproximam, e neste sentido a Rússia poderia ser um grande player a entrar no mercado segundo rumores. Nas altcoins o mercado tem oscilado entra ganhos e perdas nos últimos dias, mas tem um brilho pairando sobre a criptomoeda Tron, que teve um rally de mais de 12% de valorização nas últimas 24 horas. O fato, em um momento durante o dia 09 de janeiro fez com que a Tron chegasse a oitava posição ultrapassando a Tether (USDT), mas que não se sustentou por muito tempo. Isso fez a alegria da comunidade, e o CEO Justin Sun chegou a postar no Twitter uma piada do assunto, com a possibilidade de ver a TRX passando também a USDT em valor de mercado. A Tron já havia escalado para a posição 9 do market cap nos últimos dias, e após isso continua a ter uma grande valorização de sua cripto. No momento da escrita a maior parte das criptomoedas do top 10 do mercado estavam com ligeiras valorizações, com apenas Bitcoin Cash (BCH) e Stellar (XLM) no vermelho. Fonte: https://livecoins.com.br/coin-market-cap-capitalizacao-de-mercado-criptomoedas/ No top 30 do mercado cripto, a melhor criptomoeda em valorização no momento da escrita deste estava sendo a Ontology (ONT), com uma valorização de mais de 11% nas últimas 24 horas. O pior desempenho por outro lado estava com a Binance Coin (BNB), com uma perda de mais de 3%. Aviso Legal: Este não é um conselho de investimentos, estude por sua conta. O artigo Bitcoin acima dos U$ 4 mil e Tron sobe mais apareceu primeiro em Livecoins.

5 days ago

The Next Big Update In Blockchain Messenger: Just Transfer BZ tokens Right In Chat

As some of true blockchain geeks can remember from the project’s official blog, representatives of the so-called messenger ADAMANT stated that developers consider a partnership with cryptocurrency projects and exchanges a huge priority in the upcoming year. During the first week of 2019, we saw pretty significant announcements from developers’ social media sources. In short, each user of the ADAMANT Messenger application (web-version only), will have the opportunity to send and receive Bit-Z’s (BZ) tokens. Presumably, all actions with BZs in the messenger are similar to actions with Ethereum’s ETH and Binance’s BNB Coin, added last year. At the same time, the team of Bit-Z has published an announcement of cooperation, making this event even more interesting for investors of both projects. Firstly, what BZ actually is? BZ are Bit-Z exchange coins. The token appeared on Coinmarketcap list in July 2018; currently its capitalization is ~$4 million and the issue is 44.9 million coins. According to Coinmarketcap, tokens can be purchased only on Bit-Z exchange. On the screenshot below, Bit-Z shows the sixth position by trading volume along with other exchanges. A quick tutorial on BZ transfers in ADAMANT Messenger To store and transfer BZ tokens in ADAMANT, send your tokens to your BZ wallet (“Wallet” section) in the messenger; you can do it from any other wallet or exchange. To send BZ in an ADAMANT chat to any of your contacts, open the chat and click + in the lower left corner (next to the input field), then select BZ. After that, enter the amount to sent in the “Amount to send” field and click “Send funds”. Note: the BZ tokens sending fee is in ETH since this is the technology of all ERC20 tokens. Therefore, you should have at least 0.001 ETH on your ETH wallet. Also, you can manage your BZ balance in the “Bit-Z Balance” tab where you can see a list of all transactions of these tokens involving your ADAMANT wallet. You can also send BZ to any other address in the “Wallet” section. No need to create a seperate chat for it, unless you like in-chat sendings too much. Security and funds safety, always first Only you are able to access BZ tokens in your account. No one, including ADAMANT developers, can access your funds. BZ transfers work the same as ETH transfers: see this article if you are interested how it works in more details. In short, your ADAMANT passphrase is also a private key to ETH, BZ, BNB wallets. It is explained, as much as well proofed by open source. The post The Next Big Update In Blockchain Messenger: Just Transfer BZ tokens Right In Chat appeared first on Live Bitcoin News.

5 days ago

中文采访 ImToken 总裁何斌 Interview with ImToken CEO Ben He on his Outlook for Crypto Wallets in 2019: “We don’t need to focus on the US to succeed”

We interviewed the CEO of ImToken Ben He at DevCon in Prague in early November last year. If you don’t know about ImToken, you should. It is one of the largest, private companies in Crypto in Asia. ImToken is currently the world’s largest Ethereum wallet with over 7.51million in installed devices (as of recent stat releases, read more below). It is feature-rich digital asset wallet that enables multi-chain asset management, DApp browsing and secure, private exchange of value. The company is headquartered in Singapore. In this interview, we talk about Ben’s thoughts on the company success in Asia, on opensourcing their code, on their upcoming hardwallet, thoughts on potential expansion to the US and the outlook for 2019. We will be sharing a written transcript soon. And you can check out the audio here: ImToken’s 2018 Stats came out recently and we are impressed. Check out some of the stats: 2018 imToken Accumulated Installed Devices Broke 7mio imToken accumulated installed devices reach 7.51mioAndroid & iOS ratio stands at 7:3Top 10 non-mainland Chinese countries: USA, India, Indonesia, Korea, Philippines, Malaysia, Japan, Vietnam, Australia, Thailand 2018 imToken Accumulated Transactions Count Broke 2.45mio Accumulated transactions: 2.45mioTop 10 tokens transacted: ETH, EOS, BTC, MST, BEC, BNB, HT, BITE, MT, VGS, HMS, AIT 2018 imToken Major Milestones May 31st. Completed Series A funding by IDG Capital, taking a step into the international market.May 31st. Released imToken 2.0 RC version, after 5 beta iterations.June 14th. Released EOS wallet and EOS BP voting DAppJuly 31st. Launched imToken 2.0. Inauguration of imToken Ventures.October 24th. imToken went open-source.October 31st. Sponsored Devcon IV, announced investment into imKey.November 30th. Kick-started imToken 2.0 migration campaign. The very beginning of a new journey. 2018 imToken Partnership Statistics Supported tokens: 70,000Supported trading pairs: 3848EOS DApp partners: 17ETH DApp partners: 34 Well-received ETH partners with users in 2018: KyberMakerDAOLoopringDEXDDEXCompound Most popular ETH projects with users in 2018: LuxeENS Most popular ETH games with users in 2018: HyperDragonsGods Unchained Most popular EOS BP partners in 2018: EOSParkEOS Asia Well-received EOS partners with users in 2018: Bank of StakedEOSDAQCPU EmergencyEOS Recover To learn more, go to their medium page here

5 days ago

中文采访 ImToken 总裁何斌 Interview with ImToken CEO Ben He from DevCon 2018 in Mandarin

We interviewed the CEO of ImToken Ben He at DevCon in Prague in early November last year. If you don’t know about ImToken, you should. It is one of the largest, private companies in Crypto in Asia. ImToken is currently the world’s largest Ethereum wallet with over 7.51million in installed devices (as of recent stat releases, read more below). It is feature-rich digital asset wallet that enables multi-chain asset management, DApp browsing and secure, private exchange of value. The company is headquartered in Singapore. In this interview, we talk about Ben’s thoughts on the company success in Asia, on opensourcing their code, on their upcoming hardwallet, thoughts on potential expansion to the US and the outlook for 2019. We will be sharing a written transcript soon. And you can check out the audio here: ImToken’s 2018 Stats came out recently and we are impressed. Check out some of the stats: 2018 imToken Accumulated Installed Devices Broke 7mio imToken accumulated installed devices reach 7.51mioAndroid & iOS ratio stands at 7:3Top 10 non-mainland Chinese countries: USA, India, Indonesia, Korea, Philippines, Malaysia, Japan, Vietnam, Australia, Thailand 2018 imToken Accumulated Transactions Count Broke 2.45mio Accumulated transactions: 2.45mioTop 10 tokens transacted: ETH, EOS, BTC, MST, BEC, BNB, HT, BITE, MT, VGS, HMS, AIT 2018 imToken Major Milestones May 31st. Completed Series A funding by IDG Capital, taking a step into the international market.May 31st. Released imToken 2.0 RC version, after 5 beta iterations.June 14th. Released EOS wallet and EOS BP voting DAppJuly 31st. Launched imToken 2.0. Inauguration of imToken Ventures.October 24th. imToken went open-source.October 31st. Sponsored Devcon IV, announced investment into imKey.November 30th. Kick-started imToken 2.0 migration campaign. The very beginning of a new journey. 2018 imToken Partnership Statistics Supported tokens: 70,000Supported trading pairs: 3848EOS DApp partners: 17ETH DApp partners: 34 Well-received ETH partners with users in 2018: KyberMakerDAOLoopringDEXDDEXCompound Most popular ETH projects with users in 2018: LuxeENS Most popular ETH games with users in 2018: HyperDragonsGods Unchained Most popular EOS BP partners in 2018: EOSParkEOS Asia Well-received EOS partners with users in 2018: Bank of StakedEOSDAQCPU EmergencyEOS Recover To learn more, go to their medium page here

6 days ago

Thousands of Banned Binance Customers Remain Cut off by the Exchange

Binance, the world’s second largest digital asset exchange by traded volume, has withdrawn its services from countries targeted by U.S. economic sanctions, in line with its controversial revised terms of use. However, the ban affects entire populations in countries such as Zimbabwe, where U.S. restrictions are supposed to specifically target individuals and companies. Also read: Bitcoin Primely Positioned as U.S.Foreign Policy Pushes Rivals to Ditch Dollar Binance Seeks to Satisfy US Interests Binance users in Iran, Belarus, Serbia, Bosnia, Myanmar and other restricted jurisdictions have reportedly been cut off for a month now after the global exchange sent a notice of termination. Although Binance’s terms now prohibit individuals and countries on the U.N. Security Council and the Office of Foreign Assets Control of the U.S. Treasury Department (OFAC) sanctions lists, Russia is conspicuously exempt. Many Zimbabweans who relied on Binance to buy and sell cryptocurrency are now in the lurch as only a handful of other global exchanges accept new account registrations from Zimbabweans due to sanctions. Local financial regulators have already crippled operations of erstwhile popular trading platforms like Golix with a backdoor ban on virtual currencies. After that, trading went underground and continues to flourish on social media platforms like Whatsapp and on emerging peer-to-peer exchanges. “I just got the dreaded message when I tried to do a trade [on Binance] this evening,” lamented William Chui, a cryptocurrency broker, on Jan. 4. “Liquidated most of what I had and was keeping elsewhere. But where do I store these tokens?” he pondered, in reference to Binance coin (BNB) and cardano (ADA). Not many wallets support such assets. The reach of the Zimbabwe Democratic and Economic Recovery Act (Zidera), under which Zimbabwe has been sanctioned for almost two decades, has long been a subject of controversy, with the U.S maintaining that the sanctions are targeted against individuals and institutions that are complicit in bad governance. The latest Binance terms of use read, in part, “By accessing and using Binance and any of its services, you acknowledge and declare that you are not on any trade or economic sanctions lists, such as the UN Security Council Sanctions list or OFAC.” These sanctions typically freeze assets of targeted countries, curtail financial transfers to individuals or states as well as suspend services to those on the embargo list. However, Zimbabwean users who are not on the U.S. sanctions list have been thrown off the exchange by a blanket ban. The sweeping prohibition has no clear basis in either Binance’s new terms of use or Zidera, other than to simply placate U.S. interests. It is also unclear why an exchange that is based outside of the United States would go out of its way to meet the OFAC sanctions list. Many were cut off without prior notice. A 36 year-old Harare woman who has kept her small investment of ripple and stellar on Binance for the past year wasn’t even aware that a ban had taken effect. “I have just realized that I cannot do anything on my account anymore, not even a withdrawal,” moaned the woman, who preferred to remain anonymous. Questions Asked as Binance Targets Smaller Economies Binance’s November 2018 notice raised few eyebrows, especially since the exchange selectively targeted smaller economies on the U.S. sanctions list. Belarus, for example, is targeted over its alliance with Russia, whereas the latter, a frequent target of Washington’s trade restrictions, is exempt. Cryptocurrency has been often hailed as ushering in financial inclusivity and decentralization where the traditional financial system is entangled in geopolitical interests. Although Binance has highlighted its right to alter service terms at its sole discretion, the termination of service to customers to cozy up to political institutions undermines the self-sovereignty that is a key tenet of cryptocurrency - even when it is stored in third-party custodial wallets. While bigger economies have been maintaining ambiguous or skeptical policies towards cryptocurrency, Belarus is among the smaller countries that have been crafting a crypto-friendly policy framework. Last year, Alexander Lukashenko’s administration legalized the business activities of crypto and blockchain companies registered with the Belarus High Technologies Park (HTP) in Minsk. Belarusians’ space for buying, selling and trading digital assets is now constricted, but crypto investors can turn to verified online exchanges for their jurisdiction. These offer political immunity from foreign sanctions or internal restrictions. Bitcoin enthusiasts can also revert to peer-to-peer exchanges such as Localbitcoins, while Crexby, a platform recently launched by Belarusians in the U.S., may soon introduce support for Belarusian ruble trades. Iran enjoyed a brief respite from international isolation over its nuclear programme and alleged bank

9 days ago

Binance Added Ripple (XRP) As A Base Currency

Binance CEO, Changpeng Zhao, knows how to give XRP enthusiasts another reason to celebrate. Besides the fact that XRP surged from $0.30 to $0.40+ in less than a week, Binance added XRP as a base currency. We will be adding a couple trading pairs with XRP as the quote currency shortly. And rename ETH markets to ALTS market. Running out of space on the UI. Merry Xmas! — CZ Binance (@cz_binance) December 24, 2018 yes, the "base" is called quote currency, to be correct. Google it. — CZ Binance (@cz_binance) December 24, 2018 A lot of Ripple supporters used the #XRPthebase hashtag and their request was fulfilled by the Binance team. One of the main advantages of having XRP as a base pair is the fact that transactions could be solved in a matter of seconds. Instead of dealing with a 10-15 minutes transfer, people could actually purchase cryptocurrency now with XRP with a deposit that would arrive in seconds. The cryptocurrrencies that would have XRP as a base cryptocurrency on Binance will be chose internally by Binance, but priority will have the ones that donated to the Binance Charity, as CZ declared: We will prioritize adding more pairs for the projects that have donated to our charity at this (even thought we never mentioned this during our fund raising efforts). Happy holidays! — CZ Binance (@cz_binance) December 24, 2018 TRX/XRP And XZC/XRP Are Now Live! Trading for TRX/XRP and XZC/XRP is live since 24th December 2018, as a Binance announcement states: “Binance will add TRX/XRP and XZC/XRP trading pairs with XRP as the quote asset into the new Combined ALTS Trading Market (ALTS) at 2018/12/24 11:00 AM (UTC). The original ETH Trading Market (ETH) will be renamed into the ALTS Trading Market, to support more trading pairs with different quote currencies. Please note that ALTS does not represent a new coin or token. It is the symbol for Binance’s new Combined ALTS Trading Market.” This being said, there are a few changes to the Binance markets that will be listed below: Bitcoin (BTC) markets will keep their name. The groups of pairs that use BTC as a base currency will keep its name. Same will happen for the BNB ones, as the group of pairs that used BNB as a base currency will keep its spot. Ethereum markets was now replaced by “ALTS Market”. Due to adding XRP as a base currency, Binance considered that ETH & XRP should be listed under the ALTS market which is basically a drop-down menu from which you can select the cryptocurrency/ETH pair or the cryptocurrency/XRP pair. Its a group of pairs which lead us thinking that Binance will probably add a few more base currencies in the future. Stablecoins Markets (USDT,TUSD,PAX, USDC) - will keep their spot and these are called “USDⓈ Markets”. They represent a group of stable cryptocurrencies which anyone can chose from in order to exchange their cryptocurrency to a USD stable value. Image Source: Pixabay The post Binance Added Ripple (XRP) As A Base Currency appeared first on Zerocrypted - Your Daily Cryptocurrency News, Guides And More.

10 days ago

The Daily: Cointext Offers Philippines BCH Wallet, Beam Launches Mimblewimble Coin

Cointext’s SMS bitcoin cash wallet is now available in the Philippines and we’ve got the details below. Also in The Daily on Friday, the first Mimblewimble coin has been launched by Beam and crypto exchange Binance reintroduces its platform for token sales, Launchpad, which will host the Bittorrent token generation event. Also read: New York Establishes Crypto Task Force, Novogratz Buys More of Galaxy Digital Cointext Services Now Available to Filipinos Cointext, a platform that enables users to transfer cryptocurrency offline using simple text messages, has launched its service in another new market. The SMS bitcoin cash (BCH) wallet is now available in the Philippines, a country with a population of over 100 million people and a large diaspora around the world. The Cointext wallet allows anyone with even a basic mobile device that supports text messages to send electronic cash to other phone numbers or BCH addresses. What’s more, to receive the money, the recipients don’t even need to download a wallet, install an application, set up an account or have access to the internet. These features are behind Cointext’s growing popularity in countries where modern smartphones are available to a small portion of the population and the majority of telecom subscribers still use traditional mobile phones. Cointext also appeals to residents of countries that receive a lot of remittances from abroad, from Brazil to Romania. “The ability to send value over SMS is tailormade for the Philippines,” said Cointext founder and CTO Vin Armani, as quoted by Prweb. “Remittances are a big part of the economy and Filipinos are already big adopters of cryptocurrency, especially bitcoin cash.” Armani added that the country has many cryptocurrency exchanges and that “makes using cryptocurrency for remittances a no-brainer” as it allows easy conversion to local fiat, the Philippine peso. With Cointext, Filipinos will also be able to make cross border transfers at much lower costs, in comparison with traditional services. With the addition of the Philippines, the number of markets where Cointext is currently available grows to a total of 39. New users in the country can get a Cointext wallet by texting START or SIMULAN to the access number 639221101037. Mimblewimble Coin Beam Launched On the 10th anniversary of Bitcoin’s genesis block, a new privacy-oriented coin based on its blockchain was launched. Beam, which is issued by an Israeli startup, uses Mimblewimble, a protocol that was originally developed in 2016 with the aim of both improving the scalability of the Bitcoin network and increasing the privacy of its users. Its developers eventually concluded they needed to create a separate Mimblewimble cryptocurrency. Another project called Grin was the first to start work on a crypto utilizing the protocol. However, Beam became the first to attract venture capital financing to issue a Mimblewimble coin. Grin is now scheduled to launch in mid-January, as news.Bitcoin.com reported last month. According to an announcement on Medium, Beam’s mainnet release contains the following components for Linux, Mac, and Windows devices: desktop wallet app that includes a CPU miner node, CLI wallet and Beam node. A standalone Opencl miner and a standalone Cuda miner are available for Linux and Windows-based systems. Binance Launchpad to Host Bittorrent Token Sale Binance, currently the largest cryptocurrency exchange by daily trading volume, is reinstating Launchpad, its platform dedicated to token sales. Launchpad was initially introduced in August of 2017 with the Bread and Gifto sales. The exchange has just announced that Binance Launchpad will be featuring new projects in 2019. According to the release, Launchpad will start with two projects: Bittorrent and Fetch.ai. “Further announcements for each upcoming project launch will be made in the coming weeks,” the exchange added. Verified Binance users will be able to buy the tokens using bitcoin core (BTC), ethereum (ETH) and binance coin (BNB). Residents of the U.S., China and South Korea won’t be able to participate due to regulatory restrictions. Bittorrent recently announced its new digital coin which will be offered through a token sale conducted on Binance Launchpad. The Bittorrent token (BTT) will be based on the protocol developed by Tron, which acquired Bittorrent last summer. What are your thoughts on today’s news tidbits? Tell us in the comments section. Images courtesy of Shutterstock, Smartmockups, Beam. Make sure you do not miss any important Bitcoin-related news! Follow our news feed any which way you prefer; via Twitter, Facebook, Telegram, RSS or email (scroll down to the bottom of this page to subscribe). We’ve got daily, weekly and quarterly summaries in newsletter form. Bitcoin never sleeps. Neither do we. The post The Daily: Cointext Offers Philippines BCH Wallet, Beam Launches Mimblewimble Coin appeared first on Bitcoin News.

11 days ago

Daily Berminal Brief: Crypto Firms Made Large Payouts To Bounty Hunters In 2018, And Bitmain CEOs May Step Down

The State of The Market - December 31, 2018 BTC: $3,796.93 (-1.88%) XRP: $0.358231 (-2.56%) ETH: $137.11 (-1.14%) The market is somewhat stable, losing only $2.2 Billion in the last 24 hours. Bitcoin is hanging on to its support at $3,800, while Ethereum is below $140 after testing its resistance at $150. Binance Coin (BNB) is the only coin in green today among the top 25 cryptocurrencies. In other news, Ross Ulbricht, founder of the dark web marketplace known as Silk Road, recently sent a handwritten letter to crypto proponent Roger Ver asking for help with his legal battle. Ver has been one of the most active supporters of Ross, calling for his release on multiple occasions since he was first arrested. 1) According to a report from TheNextWeb, white hack hackers earned $878,000 from crypto companies through bounty programs in 2018. Most companies reward responsible hackers for reporting vulnerabilities to them so that they can fix it before they are exploited. Block.One, the company behind EOS has paid out $534,500, or 60% of the bounties this year. Cryptocurrency exchange Coinbase is the second largest spender for awarding $290,381, and Tron came in at third for paying $76,200. While the average prize on HackerOne for bounties is $900, the blockchain industries averaged at $1,490. 2) Jihan Wu and Micree Zhan, the CEOs of the cryptocurrency mining company Bitmain, may be stepping down from their positions amidst the shakeup and restructuring of Bitmain. One insider close to Bitmain stated, "This matter has not been settled yet, and it is currently in a transitional period." Bitmain has yet to confirm or deny the reports and has replied to all requests by saying, "Thank you for your attention but we have no comment at this time, please refer to the prospectus." 3) Paxos Standard Token (PAX) is a popular ERC20 stablecoin on Ethereum blockchain that is pegged to the US dollar. It now has a market cap of $147 Million and is available in multiple popular exchanges. However, according to some traders, redeeming the PAX token for fiat Dollars is not an easy task. They've sent a series of questions for traders looking to redeem their tokens. They asked a trader to verify their wallet, and explain the transactions on their wallet. To another trader, they asked the location of their employer, their title, and their annual salary. Traders are not happy with Paxos' hostility, and it has been a nightmare for some. (VS)

15 days ago

Binance Announces Trading Competition With 33,000 BNB And 10 iPhone Xs Max

Popular cryptocurrency exchange Binance has announced a trading competition with 33,000 BNB and 10 iPhone Xs Max as prizes. To qualify, traders will have to trade across BNB/BTC, BNB/ETH, BNB/USDT, and BNB/PAX during the first two weeks of January. The top trader will receive 10,000 BNB, and there's enough BNB for the first 20 places. Also, 10 lucky traders with a minimum trade volume of 1,000 BNB during that period stand to win an iPhone Xs Max. Binance saw a volume of $525 Million in the last 24 hours. (VS)

15 days ago

Crypto News Alert: BTC, XRP, ETH, XLM, EOS, TRX

CNBC's Ran NeuNer has said the stock market decline would trigger the investment in Bitcoin. Australia’s BTCEXA and India-based CoinDCX have followed Binance's steps in listing XRP as a base asset. The alpha version of Raiden Network has gone live on the ETH mainnet. Raiden is expected to solve scalability and security issues of Ethereum. “Expedia of Crypto” Travala has added EOS to allow its holders to book over a half a million hotels. Other coins accepted by Travala are Travala, LTC, BTC, ETH, and BNB among others. ELLIPAL hardware wallet has added support for Stellar whereas Tron has hit over one million addresses in just six months after its mainnet launch. (KE)

20 days ago

Dash dethrones Binance Coin (BNB) after skyrocketing to $90

Dash, the 14th most valued cryptocurrency has gone up by 16.79% against the USD. While the gains have been pouring in all through the bull run, Dash achieved its significant milestone in the last 24hrs, and this was made possible by dethroning the Binance Coin BNB. Yesterday, Dash had begun its race to the top at a very steady pace. With an opening price of $74.23, Dash had taken full advantage of the intensity of the bull run shortly after and bounced up to $99.23. One would expect that Dash would’ve started slowly by accumulating gains in small percentages, but when Dash hit $99, it became clear that a breakout was lurking around the corners. Halfway through this achievement, the market began to experience a slight bearish tide, at this time, Dash took staggering steps backward and landed at $73.96, just a little below its opening price. But it didn’t end there, once the market began to attain a little bit of stability, Dash aroused by more than 5% and went back to $99.23. All through this time, Dash was still trading below the Binance coin, whose trading volume of $27.97 million was only able to move the coin slightly higher than its opening price of $5.47. While BNB closed at $5.79, Dash heightened its propulsion through its trading volume which was previously an estimated $184.63 million and made the momentous climb that has now landed its market cap at $805.19 million, above BNB’s market cap of $755.73 million. The Korean traders have to be credited for this new milestone, as their trading pairs of Dash against the Korean won had made the rounds as the highest trading volume with a total of $45.19 million since the last 24hrs. Meanwhile, BNB has been one of the few victims of the bearish trends surfacing. With losses of 1.32% against the USD, and a fluctuating trading price of $5.78, the coin might have a harder time making a comeback. While the sustained losses are not much, each time the coin drops in volume, it makes way for its newest rival Dash to make sizeable growth in its market capitalization. The post Dash dethrones Binance Coin (BNB) after skyrocketing to $90 appeared first on ZyCrypto.

25 days ago

TrueUSD [TUSD] pairs with Tron [TRX], Cardano [ADA] on Binance

Binance, the biggest cryptocurrency exchange in the world added two new pairs of the stable coin, TrueUSD [TUSD], which sits on the sixth position on the cryptocurrency rankings. In its official announcement, Binance also warned investors against the risk that is present in the cryptocurrency market wherein it wrote: “Risk warning: cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your investment losses.” Tron and Cardano, the newly added pairs with TUSD have had their own struggles with each other as they vie for the tenth spot on the cryptocurrency rankings. About two weeks back, TRX surpassed ADA to claim its position in the top-10 coins. There is a gap of merely a million dollars in the market caps of both the coins as Tron’s market cap is calculated at $9.6 million whereas Cardano’s market cap currently remains at $8.7 million. The 24-hour trade volume of both the coins differ by about $5 million wherein Tron has more trade volume than ADA. On the reports related to Binance, the news recently came out that it is one of the only cryptocurrency exchanges, apart from Bitfinex that does not fake its cryptocurrency trade volume. Moreover, the report published by Blockchain Transparency revealed that most of the top-25 cryptocurrency exchanges display fake trade volumes on their charts. CoinMarketCap [CMC], that still remains one of the most popular crypto-data collectors in the blockchain space has come across many allegations of displaying manipulated figures. The report marked this trait of the online portal and confirmed the claims made earlier regarding price manipulation and fake figures of CMC. Xrp33AG66global, a Twitter user commented: “Xrp which is bigger in market, popularity and soon to be 1, doesn’t get a pair it doesn’t make sense?” TSejdiu, another Twitter user said: “Is there more coins coming with usdt and bnb maybe Salt coin bitcoin diamond and monero!?” The post TrueUSD [TUSD] pairs with Tron [TRX], Cardano [ADA] on Binance appeared first on AMBCrypto.

a month ago

Travala.com Now Accepts Ripple (XRP) & Litecoin (LTC)

If you’re preparing for a trip, you’ll probably rush towards AirBnB, Booking or another famous website to rent apartments. But, there’s a blockchain startup that tries to change this. Travala is a Next-gen Online Travel Agency (NOTA) with over 82,311 destinations available and over 567,928 properties registered from 210 countries. The platform incentives the users with discounts & also - accepting crypto. Their ICO held between 31st March 2018 and 21st April 2018 raised $2,640,110 according to ICObench and had a value per token of $0.35 USD. Right now, AVA is trading at $0.138. Taking into consideration the bear market, the startup is doing pretty well in terms of value per token loss. Travala recently announced that you can book any of their 550,000+ accommodations using Litecoin (LTC) and Ripple (XRP) You can now book 550,000+ hotels in 210 countries using @Litecoin $LTC. Travel to 82,000+ destinations worldwide on https://t.co/CL8FxAXFXS the next-gen online travel agency@travalacom @SatoshiLite #LTC $AVA @coingatecom @LTCFoundation pic.twitter.com/xvfEh64hix — Travala.com ✈️ 🏨 (@travalacom) December 16, 2018 You can now book 550,000+ hotels in 210 countries using @ripple $XRP. Travel to 82,000+ destinations worldwide on https://t.co/CL8FxAXFXS the next-gen online travel agency@travalacom #crypto #UseXRP $AVA #travel #XRP pic.twitter.com/apjHSqWeE2 — Travala.com ✈️ 🏨 (@travalacom) December 14, 2018 Travala now accepts Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), EOS (EOS), Binance Coin (BNB), Stellar Lumens (XLM), TrueUSD (TUSD), Ripple (XRP), Dash (DASH), their native coin - AVA - and other 30 cryptocurrencies. The full list with the tokens accepted by Travala can be found here The price per AVA might be 63% lower than during its ICO - but the project have a lot of potential to improve the booking business by offering transparecy, discounts and most importantly - the ability to pay with cryptocurrency. These are great news for Litecoin and Ripple. Recently, Skrill announced the success of adding Ripple to its platform. Moreover, Omni - a rental service company - declared they will accept Ripple to provide a better liquidity to its customers. Their CEO, McLeod stated: “It became very clear that this could be a great tool for both providing vast, rapid liquidity for sort of cashing out the capital that you make through the rental side as well as in the future connecting individuals quickly with those assets.” The Omni partnership is extremely interesting, as its one of the easiest way for people to earn XRP without the involvement of a crypto exchange. People can find things to rent and they’ll be paid for it as they prefer - being USD or XRP. These are great news for Litecoin fans too - as they now have the ability to rent an apartment using LTC. This comes after in December 2018, Litecoin was accepted as a payment method for the HTC Exodus and after Litecoin surpassed for a few days Bitcoin Cash (BCH) - though right now BCH re-claimed its spot. Travala took the right decision here and we’re hoping that in the future more cryptocurrencies would be accepted by their platform. Image Source: Travala’s Twitter The post Travala.com Now Accepts Ripple (XRP) & Litecoin (LTC) appeared first on Zerocrypted - Your Daily Cryptocurrency News, Guides And More.

a month ago

550,000+ Hotels in 210 Countries Can Now be Booked with XRP

CoinSpeaker 550,000+ Hotels in 210 Countries Can Now be Booked with XRP When it comes to planning holidays somewhere abroad, most of us turn to such popular services as Booking.com or AirBnB, which allow for booking accomodation of any type, from luxury hotels to separate rooms in rental flats or beds in youth hostels, in any country around the globe. Such services allow for online payments which are well-familiar for the majority of people since bank cards, which allow for instant conversion to any fiat currency available in the world, came into our lives. But what about those, who tries to keep up with the time and prefer to enjoy their holidays instead of losing significant sums on conversion, while booking accomodation? Travel website Travala.com, which is commonly reffered to as the AirBnB on the blockchain, is right here to offer such an option. As it was reported on the Travala.com official web-site on December 14, Ripple’s native XRP has also been successfully added to the platform: “You can now book 550,000+ hotels in 210 countries using @ripple $XRP. Travel to 82,000+ destinations worldwide on http://Travala.com the next-gen online travel agency@travalacom.” This announcement was followed by a similar announcement later the same day when the team at Travala.com mentioned the future intention to include DASH as another cryptocurrency payment method to be implemented into the website, so that to take the total number of crypto-currencies supported by the platform to ten. The travel website currently accepts Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH), EOS (EOS), Binance Coin (BNB), Stellar Lumens (XLM), True USD (TUSD), XRP (XRP), and its own native coin AVA. Despite the platform’s growing success, the AVA token has been unable to escape the general crypto bloodletting of 2018. It currently trades at $0.13, which is 63% lower in comparison to its initial price of of $0.35 in April this year. Concerning the recent months, which turned out to be difficult times for most crypto assets, it cannot but be mentioned that Ripple’s XRP was one that managed not only to survive, but also to succeed, establishing new significant partnerships and listings. At the beginning of December, the internet payment system Skrill has announced successful adding of XRP to its platform. And a few days later, it was reported that Omni, a rental service company, began active cooperation with Ripple for utilizing XRP to provide customers with better liquidity. According to Asheesh Birla, Senior Vice President of Product Management at Ripple, one of the reasons why XRP continues to grow in such difficult times is the Ripple team’s pragmatism that anti-fiat approach does not work right now: “We decided to work with financial institutions and I think that has paid off, but you also have to think about all the financial requirements and regulations. In 2013 there was that Bitcoin maxim of “we don’t need any of that. We don’t need government or banks or corporations anymore, just Bitcoin.” That approach doesn’t work. Working with financial institutions and regulators is a longer road, but it’s the right one.” To learn more about XRP coin, Ripple company and their innovative solutions, please check out our awesome guide. 550,000+ Hotels in 210 Countries Can Now be Booked with XRP

a month ago

Tether [USDT] pairs with Tron [TRX], Cardano [ADA] on Binance

Binance, the biggest cryptocurrency exchange in the world added two new pairs of the stable coin, Tether [USDT], which sits on the sixth position on the cryptocurrency rankings. In its official announcement, Binance also warned investors against the risk that is present in the cryptocurrency market wherein it wrote: “Risk warning: cryptocurrency investment is subject to high market risk. Please make your investments cautiously. Binance will make best efforts to choose high quality coins, but will not be responsible for your investment losses.” Tron and Cardano, the newly added pairs with USDT have had their own struggles with each other as they vie for the tenth spot on the cryptocurrency rankings. About two weeks back, TRX surpassed ADA to claim its position in the top-10 coins. There is a gap of merely a million dollars in the market caps of both the coins as Tron’s market cap is calculated at $9.6 million whereas Cardano’s market cap currently remains at $8.7 million. The 24-hour trade volume of both the coins differ by about $5 million wherein Tron has more trade volume than ADA. On the reports related to Binance, the news recently came out that it is one of the only cryptocurrency exchanges, apart from Bitfinex that does not fake its cryptocurrency trade volume. Moreover, the report published by Blockchain Transparency revealed that most of the top-25 cryptocurrency exchanges display fake trade volumes on their charts. CoinMarketCap [CMC], that still remains one of the most popular crypto-data collectors in the blockchain space has come across many allegations of displaying manipulated figures. The report marked this trait of the online portal and confirmed the claims made earlier regarding price manipulation and fake figures of CMC. Xrp33AG66global, a Twitter user commented: “Xrp which is bigger in market, popularity and soon to be 1, doesn’t get a pair it doesn’t make sense?” TSejdiu, another Twitter user said: “Is there more coins coming with usdt and bnb maybe Salt coin bitcoin diamond and monero!?” The post Tether [USDT] pairs with Tron [TRX], Cardano [ADA] on Binance appeared first on AMBCrypto.

a month ago

New Fake Trading Volume Research Casts Positive Light on Bitfinex and Binance

We’ve discussed in the recent past how certain crypto exchanges have been in engaged in wash trading and other fraudulent tactics to manipulate trading volumes on their platform. In an unregulated market like crypto, this news isn’t shocking, yet a new research report published shows just how deep the problem runs, and which exchanges have managed to stay on the honest side of the tracks despite the obvious temptation to produce fake transactions and volume. The chart below shows a list of 25 exchanges, as well as their BTC trading pairs, reported daily volume, actual volume, and the percentage of total trading volume that is considered real: Source: Blockchain Transparency Out of all 25 exchanges, only two have been reported to be producing 100% real trading volume. Prominent exchanges like OKEX and HitBTC show 25% or less of their volume consists of actual trades. “Based on this data over 80% of the CMC top 25 BTC pairs volume is wash traded. These exchanges continue to use these strategies as a business model to steal money from aspiring token projects”. In addition, to wash trading, many of these exchanges also use listing fees as a significant method of income. According to the report, the average project had spent over $50,000 this year in listing fees of exchanges. It turned out that many crypto projects were overcharged to list their tokens in what are essentially wash trading platforms with far less activity than was claimed. Bitfinex and Binance stand out as the good guys Bitfinex and Binance seemed to stand out as the only exchanges not involved in wash trading. Bitfinex is ranked #9 on Coinmarketcap’s list of top exchanges by 24-hour trading volume, while Binance is ranked #2 behind OKEX. Bitfinex has been involved in its share on the controversy with Tether, which the stable coin prominently featured on the exchange. Earlier this year there were allegations that Tether and Bitfinex were both responsible for the increase in the price of Bitcoin in December last year when the value of the digital currency surged to almost $20,000. Then more recently, fiat deposits were suspended on their platform due to a problematic relationship with their former bank, while Tethers price crashed to $0.95 due to investors losing faith in the token. Many of these controversies seem to have disappeared as Bitfinex recently took steps to introduce a Tether/Fiat trading pair, as well as alternative stable coins and Tether had opened a new Bahamas based bank account. The availability of Tether on Bitfinex may have been enough to grant them the authentic volume they needed to avoid engaging in wash trading. Meanwhile, Binance and its CEO Changpeng Zhao have always held a higher standard of integrity in how they conduct their business. Binance early dominance of the crypto markets, as well as their recent move to operate from Malta, setup BNB to become a real utility token, and establish a decentralized exchange, can act as substantial evidence for why Binance would never need to resort to wash trading. The history of Tether’s scandals The post New Fake Trading Volume Research Casts Positive Light on Bitfinex and Binance appeared first on CryptoPotato.

a month ago

Como irá funcionar a Binance DEX?

Por: Livecoins A Binance desde que iniciou em 2017 já proporciounou várias novidades aos investidores do seu projeto, está disseminando o aceite da Binance Coin e pretende criar uma DEX também. As vantagens das DEX que existem atualmente são inúmeras em comparação ao modelo de Exchanges Centralizadas, principalmente no quesito segurança aos usuários. Além disso, o famoso KYC (Conheça seu cliente) não é uma prática comum em exchanges descentralizadas, o que faz com que transações nestes ambientes sejam mais anônimas e privadas. Porém, um dos problemas das operações em funcionamento seria a falta de volume, o que poderia indicar duas coisas: os traders ainda não entenderam o modelo de negócios dessas plataformas, ou simplesmente não querem utilizar tais ambientes. Mas com o anúncio da Binance de vir com a sua própria ferramenta descentralizada, o mercado já corre para tentar entender o que irá acontecer no futuro do setor, e um dos pontos seria que a operação pode não ser totalmente descentralizada. A Exchange Descentralizada (DEX) da Binance ainda não está totalmente clara para a comunidade cripto, mas provavelmente fará uso da sua nova blockchain que já anunciou que será criada, chamada de Binance Chain. Além disso, a mesma está sendo chamada por alguns na mídia como um projeto “Híbrido”, que irá mesclar entra a centralização e a descentralização. Não se sabe até o momento se a mesma irá cobrar taxas de listagens de altcoins na plataforma, uma prática comum da exchange. Além disso, não se sabe também se será implantado o modelo de KYC na nova plataforma, o que caso se concretiza poderia tirar a privacidade das operações no ambiente. Cabe um destaque que há rumores de que a Binance Chain utilizará um algoritmo de consenso compartilhado com a NEO, e que já foi acusado de fazer com que esta última seja um protocolo centralizado. Como a exchange detám a maior de seu token Binance Coin (BNB) e o mesmo será transferido para a blockchain própria quando a mesma for criada, fará com que o controle da maior parte dos ativos também seja centralizado. Por fim, a Binance anunciou na data 17 de dezembro as últimas novidades e falou sobre a DEX, segue abaixo um preview para os mais curiosos lançado no último dia 04 de dezembro. Isso faz com que o modelo de DEX que a Binance está propondo seja nutella, e não raiz como o mercado cripto gostaria que fosse. O artigo Como irá funcionar a Binance DEX? apareceu primeiro em Livecoins.

a month ago

XRP Now Accepted by Hotel Booking Platform “Travala.com”

Ripple’s XRP continues to expand as a cryptocurrency for all types of users, proving that it can be beneficial for players beyond the traditional clients within the financial system. In a strategic decision, Travala, one of the most important hotel bookings platforms in the crypto ecosystem added official support for XRP as a payment option. The platform, known to many as the Expedia or Airbnb of crypto, recently expanded its catalog of offerings to more than 550,000 properties available for booking in more than 210 cities around the world: Travala will add 400K properties in December This will be the first of a series of posts digging a little deeper into the features and updates for the new release. #travel #hotels #blockchain $neo $AVAhttps://t.co/afi1YsORkW — Travala.com (@travalacom) November 26, 2018 Travala: Using Crypto to Build a Successful Business With this announcement, XRP becomes the last cryptocurrency to be listed by the platform, joining other options such as BTC, LTC, ETH, DASH, BNB, EOS, ELM, TUSD and Travala’s native token AVA, which has had a bullish streak during the last week, going from 1743 sats to over 3800 sats in the last 30 days according to data from coinmarketcap.com The platform’s crypto marketplace started operating in July, powered by the blockchain platform NEO. Until now no further details have been revealed regarding the number of financial operations carried out on each token. Also, it is important to note that Travala’s token AVA, was listed by KuCoin on December 11 with BTC and ETH and pairs. Travala’s team explains that AVA makes it possible to increase the transparency of this platform: As a Next-gen Online Travel Agency (NOTE), fundamentally changes the relationship between the consumer of the future and their travel shopping. So far, the Ripple team has not provided significant statements in this regard, however, given the effort and the expansive vision of its team of developers it’ s understandable that the popular blockchain is used daily. XRP is currently in an area of relative stability, successfully testing the strong support around the 888 Satoshis. According to coinmarketcap figures, the RSI could be attractive for potential new buyers; however the MACD at 4 hours still shows no signs of a reversal of the bearish trend of recent days. Why Has Ripple Succeeded on Such Bearish Times? In a recent interview for Tech portal PCMag, Asheesh Birla, Senior Vice President of Product Management at Ripple, talked about his perspectives about the current situation of the cryptomarkes and why the price of a token is not as important as many people think. For Mr. Birla, this is just one more of many phases and the bearish market will be healthy for the ecosystem because it will help to get rid of useless projects: This is my third crash now in the crypto-market, and I am not phased by it. The flip side is that sometimes you crash and take out all the folks who are not focused on solving real problems and real use cases. And, I think you are going to see some really interesting companies come out of this next downturn. Birla believes that one of the resons behind the success of Ripple and the XRP’s rise as the most important altcoin is the pragamtism of the team. Ripple believes that an anti-fiat approach does not work right now: We decided to work with financial institutions and I think that has paid off, but you also have to think about all the financial requirements and regulations. In 2013 there was that Bitcoin maxim of “we don’t need any of that. We don’t need government or banks or corporations anymore, just Bitcoin.” That approach doesn’t work. Working with financial institutions and regulators is a longer road, but it’s the right one. The post XRP Now Accepted by Hotel Booking Platform “Travala.com” appeared first on Ethereum World News.

a month ago

Binance Continues to BUIDL as the Platform’s Mobile Trading App Now Has Price Alerts

The CEO of Binance, Changpeng Zhao, has always encouraged crypto enthusiasts and developers to continue building on the blockchain rather than concentrating on the price of Bitcoin (BTC). His words have become more relevant especially with the current bear market that has seen the crypto markets continue to decline with many crypto traders wondering when the infamous BTC bottom will be reached. Binance Upgrades Its Mobile Trading App to Include Price Alerts For the avid Binance trader who likes to be up to date with the prices of their favorite cryptocurrencies, the team at the exchange has recently released a new upgrade to its mobile trading app that now has price alerts. The new feature is located at the bottom left corner of the charting page of each trading pair. It allows users to set alerts for specific trading pairs that the user wishes to receive notifications. Once the set value or price of the coin is reached, the mobile app notifies the user who then decides on whether to buy or sell the digital asset. Next to the price alert feature, is a currency conversion tab that allows users from across the globe to view the value of their favorite cryptocurrencies in the following regular fiat currencies: Korean Won (KRW) Japanese Yen (JPY) Euro (EUR) British Pund(GBP) United States Dollar (USD) Russian Ruble (RUB) Chinese Yuan (CNY) A screenshot highlighting the new features on the Binance trading app has been provided below for a better visualization. Binance Continually Requesting Feedback from Users The new feature might have been as a result of the voluntary surveys the exchange requests its users to fill out in an effort to further make the platform better. Binance has been long known to always listen its clients/users and their suggestions. Anticipated Binance Chain and Decentralized Exchange The team at Binance has also been busy building the Binance Chain that will allow BNB to migrate onto its own blockchain. This in turn means that the new platform will have an avenue for token creation for crowdfunding efforts (ICOs). The DEX is also under development and will use BNB asa means of paying trading fees. Plans for both the DEX and Binance Chain were made public by the exchange back in March this year. The team reconfirmed their building efforts in a December 4th tweet that can be found below. #Binance is pushing for blockchain adoption and doing many things to help advancement of the industry. E.g. we will have the Binance chain ready in the coming months, on which millions of projects can easily issue tokens. @cz_binance @ForbesAsia #ForbesBlockchain pic.twitter.com/0pc0r1lXd2 — Binance (@binance) December 4, 2018 What are your thoughts on the new price alert feature on the mobile trading app by Binance? Is it a useful tool to have? Please let us know in the comment section below. Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post Binance Continues to BUIDL as the Platform’s Mobile Trading App Now Has Price Alerts appeared first on Ethereum World News.

a month ago

Daily Cryptocurrency News - 14th December 2018

Another Red Day For The Market, Bitcoin Gets a New Low for 2018 Holidays are coming and crypto enthusiasts are hoping for the next bull run. As the days pass, it looks like we surely won’t see one, at least this year. Bitcoin is trading at $3,223.12 on Binance at the moment of writing the article, a 5.71% decrease since yesterday’s $3,450. Ripple is not doing too good either. The second cryptocurrency lost half of its last week’s average volume. The price of XRP is not sitting at $0.287 - a 10% loss since December 9th. The good part about XRP is that the BTC value is growing. Yesterday, XRP passed the 9,000 satoshi value again and it seems its building some resistance around it. Ethereum on the other hand is not doing well at all. After almost reaching $100 on December 9th, ETH is not trading below $85 - a decrease of more than 10% since last week. But the biggest losers of top 10 today are none others than Bitcoin Cash (BCH) and Bitcoin Satoshi’s Vision (BSV), proving that the hash war battle hurt BCH and its community. Even though Circle re-enabled BCH trading, the BCH continues its decrease. Sitting at $81.90 with a 15.98% loss since yesterday, BCH was overcomed by EOS and now Litecoin’s preparing to take back its spot too. Bitcoin SV isn’t doing better neither, with a 11.84% loss for today - the CW’s vision fails to rebound and could soon leave the top 10. But Waves doesn’t seem to care and keep moving higher. After the recent launch of Smart Assets and Smart Account Trading, the currently #22 cryptocurrency increased from $1.47 to $2.34. As most of the traders are scarred of this bear market, there are also some people that don’t care. And those are probably doge hodlers - mostly because 1 doge will be 1 doge no matter how the market will go. Syscoin (SYS) had a great run today too, increasing with 45.70% for today and working its way up to the top 100. The volume skyrocketed from under $70,000 to over $6,000,000 in less than 24 hours. Binance Adds USDC To Its Stablecoin Market On November 16th, Binance took the decision to start adding more stable coins besides Tether (USDT). Since then, Paxos Standard Token (PAX) and TrueUSD (TUSD) have been added to the exchange. They claimed that this was necessary to support more trading pairs with different stable coins as a base. Binance now uses the USDⓈ to symbol the fulll Binance stable coin market. The most recent addition the their stable coins collection is none other than the famous USDC - Circle’s stable cryptocurrency. There would be 6 pairs with USDC as a base cryptocurrency: BNB/USDC BTC/USDC XRP/USDC ETH/USDC XLM/USDC EOS/USDC This would be available for the users starting 15th December, 03:00 AM UTC. The existing USDC pairs with BNB and BTC will be removed and delisted by 16th December 03:00 AM UTC. Alll orders on this markets will be canceled. USDC is a an ERC-20 token created by CENTRE Consortium, a venture founded by Circle and Coinbase. Charles Hoskinson Announces Cardano 1.4 Release Date Charles Hoskinson and his IOHK team is working hard to build Cardano - a project with a massive potential that already got a love of love and attention from the cryptocurrency community. Charles recently announced that the Cardano 1.4 version will be live on December 18th: After seven release candidates and a huge amount of QA work, I'm pleased to announce that our best effort release date for Cardano 1.4 is December 18th. Daedalus users will get an in-client update notification next week. Thanks everyone for your patience and support — Charles Hoskinson (@IOHK_Charles) December 14, 2018 So, what will be new in this 1.4 update? Firstly, Linux users would be able to access the Daedalus Wallet. Rust programming language will also be available to Cardano Cryptocurrency Universe (CCU). The relatively new and lightweight programming code could easily be the key of Cardano’s growth. Another update would be on the increment of network block processing efficiency within the blockchain. We could be seeing a reduction from 1.5 million to about 200 - this can seriously save space for the blockchain network. Two testnets will also come with the 1.4. First, there’s Shelley testnet - on of the Cardano’s earliest steps towards full network decentralization. Then, there’s the Cardano testnet. More details about Cardano’s future can be found on Cardano’s Roadmap or by getting in touch with the latest announcements via Cardano’s telegram. With the market being red day-by-day, only strong project could survive and it appears that Charles Hoskinson’s Cardano is ignoring the noise and building. Other Important News BITCOIN WILL NEVER DIE - Long term holding you will be exceptionally rewarded - Asset Manager Insight TRX Breaks New Records, 2.5 MM Txs Per Day, 32,284 Daily Increase in Addresses Monero Price Analysis: Wider Adoption Seen as Bity Adds XMR Support to Their ATM Network If you’ve missed yesterday’s news, you can read them here: Daily Cryptocurrency News - 13th Decem

a month ago

Binance Cuts Profit Forecasts To Measly $500M

Cryptocurrency trading platform Binance, the most popular exchange by daily volume, expects to make a $500M profit this year, down from the possible $1bn prediction made during the summer. The exchange, which today unveiled its new sub-account feature for institutional users, is still confident in the long-term viability of the retail market. It expects demand to keep growing. A spokesperson told Crypto Briefing that Binance’s financial situation was secure and that the exchange expected to make half a billion dollars in profit for 2018. A fifth - roughly $100M - will go towards buying back Binance Coin (BNB) from investors and subsequently burning them. “We are still on track to bring in $500 million in profit this year,” they said. “We are quite transparent about our financials each quarter and will have our 6th BNB Burn coming up next month, where we will spend 20% of our profits to buy back [and destroy] BNB.” Although Binance - not even 18-months old - will still firmly be in the black, today’s revelations mark a sharp drop in profit expectations. Founder Changpeng Zhao (‘CZ’) told Bloomberg in early July that they could potentially net as much as $1bn. At the time, the exchange’s predicted profits ranged from $500m to $1bn. This reflects a downturn in market activity and digital currency valuations. Binance reported $200m in Q1 2018 - its second quarter in operation -and made a gross profit of $300M in the first six months of the year. This means that the exchange expects to make a further $200M during the second half of 2018, $100M less than in the first six months. Binance profits Binance announced its new sub-account feature earlier today. This will allow institutional account holders to set up to 200 subsidiary accounts that can trade under one name. Available exclusively to corporate users and individuals who meet a certain trading volume, the feature gives greater freedom and more favorable fees. A spokesperson from Binance said the new feature was a response to institutional entry. But the exchange still believes its retail investor arm will continue to expand. “As the industry matures, we are seeing more institutional accounts enter the space and expect demand to grow quickly from both retail and institutional users,” they said. An extended bear market has hit businesses hard. Projects that expanded rapidly during last year’s bull run have been victim to dwindling prices and waning investor enthusiasm. The blockchain-based social media platform, Steemit, was forced to lay-off 70% of its workforce last month. ETCDev, one of the principal developers on Ethereum Classic (ETC), ceased operations earlier this week. Consensys’ founder, Joe Lubin, told staff in an email last week that the company was having to scale down the number of projects it supports financially. Binance gave the community a sneak preview of its decentralized exchange this week. Still under development, the market reacted positively with a 15% rally in BNB. Although the exchange will largely remain unaffected by the ‘crypto winter’, today’s new shows how attitudes, and predictions, have changed over the course of the year. CZ’s July prediction to Bloomberg wasn’t wrong, expectations ranged from $500M to $1bn. But with less than a month to go, profits will be at the conservative end of the spectrum. What does this show? With the facts in front of them, this summer’s cheerful optimism has now frozen over. Disclaimer: The author is not invested in any cryptocurrency or token mentioned in this article, but holds investments in other digital assets. The post Binance Cuts Profit Forecasts To Measly $500M appeared first on Crypto Briefing.

a month ago

ADAMANT Messenger Update for iOS — ETH and ADM Transactions in Chats!

As expected earlier from the project of the main blockchain messenger with the sounding name ” ADAMANT “, the development team just recently released the next global update for ADAMANT Messenger iOS app. Almost immediately after AppStore confirmation, there was an update in the team’s Medium blog, and by the end of the day the number of downloads had gone up to unprecedented numbers. What is the reason for such an achievement, especially for a messenger directly related to cryptocurrency? From the words of the developers, ADAMANT is not just a messenger — they strive to create a multifunctional system for personal and business communication. One of their goals is to implement means for instant exchange of cryptocurrencies and tokens in chats. And, looking on today’s results, these guys successfully implemented it in the latest versions of their apps. Introducing an update of ADAMANT Messenger for iOS, was emphasized that the app now works approximately 33 times faster and users can send ADM (project infrastructure tokens) and ETH to each other. Earlier this season, ADAMANT devs already implemented the sending of our own tokens (ADM) in the progressive web app (PWA) as well as ETH and Binance Coin (BNB). Thus, we can send all three of them wallet-to-wallet as well as right in chats. From the team’s Twitter page, it became clear, that this feature successfully passed all tests and received a positive feedback. Thanks to the latest update, Apple device users can also send tokens via ADAMANT Messenger as we added sending of ADM and ETH in chats in the latest update for iOS. The main advantage of this feature is its simplicity: you just use a regular messenger’s interface to send and receive transactions. In the Wallet section, you can withdraw your tokens to an external wallet. Since you can rename your contacts and have your own “address book”, you are safe from mistakes when typing a receiver’s address. Therefore this feature allows you to pay for goods and services in one click as well as instantly send tokens and currencies to your friends and partners. The fee for transactions in ADAMANT is 100 lower than in banks; sending ETH to any place on the planet costs 0.0004 ETH (~6 cents at the time of this writing). Besides new types of transactions, this iOS update has another important feat, that wasn’t noticed by ADAMANT’s community, despite this is a huge technical step. The development team has rewritten JavaScript code to native Swift, and this allowed ~33 times faster loading and decrypting speed. “We worked hard during these three months to release this update, and now proudly present the results.” — says iOS lead developer. You can download ADAMANT Messenger for iOS in App Store. ADAMANT has an open source code, that is completely public. From the words of ADAMANT’s CEO, the team is planning to expand the messenger’s features further, implementing new tokens and cryptocurrencies transfers, as well as other options. Source: Official Update The post ADAMANT Messenger Update for iOS — ETH and ADM Transactions in Chats! appeared first on Live Bitcoin News.

a month ago

Binance Adds USD Coin (USDC) to its Combined Stablecoin Market (USDⓈ)

On the 16th of November this year, Binance announced that it was renaming its Tether (USDT) market to a combined Stablecoin Market (USDⓈ). The exchange explained that the move was to support more trading pairs with different stable coins as a base. The exchange went on to clarify that the new category is not a new stablecoin in itself. Please note that USDⓈ is not a new stablecoin: it is the symbol of Binance’s new stablecoin market. Since then, the exchange has added Paxos Standard Token (PAX) and TrueUSD (TUSD) to the new stablecoin market. Binance Adds USD Coin (USDC) to Its Combined Stablecoin Market This then left one stablecoin that is yet to be added to the new market: USD Coin (USDC). The exchange has now announced that it will be adding the following trading pairs with USDC as a base to its Combined Stablecoin Market. BNB/USDC BTC/USDC ETH/USDC XRP/USDC EOS/USDC XLM/USDC Although the pairs are visible on the platform, the pairs will not be active for trading till the 15th of December, 03:00 am (UTC). Existing USDC pairs with BNB and BTC as a base will be removed and delisted by the 16th of December, 03:00 am (UTC). All existing orders of these pairs will be canceled at this time. A Brief History of USDC USDC was introduced to the crypto and trading community by the CENTRE Consortium: a joint venture co-founded by Circle and Coinbase. The main goal of the stable coin was to establish a standard for fiat on the internet and provide a governance framework and network to foster global, mainstream adoption of asset-backed stablecoins. USDC is an ERC20 token. What are your thoughts on the new Stablecoin Market by Binance that gives traders extra options of stablecoins? Do you think it is a good idea? Please let us know in the comment section below. [Image courtesy of Centre.io] Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post Binance Adds USD Coin (USDC) to its Combined Stablecoin Market (USDⓈ) appeared first on Ethereum World News.

a month ago

XRP, Bitcoin [BTC], and other cryptocurrencies paired against USDC on Binance

Binance, the world’s largest cryptocurrency exchange has been busy as the brutal bear year of 2018 is finally coming to an end. Binance announced on December 14 that it will be listing new trading pairs with CENTRE consortium’s stablecoin USDC as a quote asset. Binance, in its official blog, announced plans to list trading pairs XRP/USDC, Bitcoin [BTC]/USDC, Binance coin [BNB]/USDC, Ethereum [ETH]/USDC, EOS/USDC on December 15, 2018, at 03:00 AM UTC. The blog also stated: “The existing USDC/BNB and USDC/BTC trading pairs will be removed and delisted at 2018/12/16 03:00 AM (UTC). All existing orders in each order book will also be canceled at this time.” Apart from the normal listings, Binance also decided to pair USDC [Circle] against USDT [Tether] to help facilitate easy conversion from one stablecoin to another for its users. CENTRE consortium, on its Medium blog, stated: “The new USDC trading pairs are BTC/USDC, ETH/USDC, BNB/USDC, XLM/USDC, EOS/USDC and XRP/USDC. This represents a significant milestone for an asset-backed stablecoin that was introduced just a few months ago. Trading for these pairs will begin 10 pm EST Friday.” Binance is revamping their listings as they decided to add more trading pairs with TrueUSD [TUSD], another stable coin, last week, which included XRP, Bitcoin [BTC], Ethereum [ETH], Stellar Lumens [XLM], EOS, and Binance Coin [BNB]. A Twitter user, George T, tweeted: “@coinbase why have you retweeted this? Read again please: for their 7 most actively traded assets! And this includes #xrp !!! I am sure you heard of it! #xrp” Another user, J Win, commented: “Second largest must be included and @cz_binance is smarter. If one’s still stubborn with the thought of not listing the second largest, @binance will be on advantage. I have a great feeling that Binance will overtake the one that is stubborn very soon. @Cryptonary_” A users Martyn ‘Marty’ Bryde tweeted: “Why would you pair $USDC with $USDT A dollar is a dollar, except #USDT #tether is going to implode one day, and Bitfinex is going to take the whole market down with it? @Bitfinexed” Binance coin [BNB] had gone up by over 10 per cent over the last week in a surprise market volatility. The price fluctuation was attributed to the launch of Binance DEX, which will swap the ERC20 token, BNB, from Ethereum platform to Binance blockchain, which was announced by Binance and CZ. Some users had also attributed it to a bug in Binance’s system, which was later acknowledged by Binance CEO, CZ. The post XRP, Bitcoin [BTC], and other cryptocurrencies paired against USDC on Binance appeared first on AMBCrypto.

a month ago

Daily Berminal Brief: Spain To Introduce Crypto Regulations, And Crypto.com Hires Ex PayPal Rep

The State of The Market - December 12, 2018 BTC: $3,498.77 (+2.05%) XRP: $0.308816 (+2.76%) ETH: $91.36 (+2.70%) After a minor dip yesterday, the market is now back up above $110 Billion. Most cryptocurrencies are in green today, with small changes. Bitcoin continues to trade horizontally, between $3,400 to $3,500. Even Bitcoin Cash SV and EOS, which have been in free fall for the last few days are in green today. In other news, Coinone Transfer, the payments business and a subsidiary of crypto exchange Coinone has launched Cross in Thailand and the Philippines. Cross is a mobile app that enables cross-border remittance across the two countries using Ripple's technologies. Also, BitPay recently announced a new partnership with the OneGold precious metals and digital gold marketplace that will enable users of the OneGold platform to purchase gold and other precious metals with Bitcoin and Bitcoin Cash. 1) Partido Popular (PP), the ruling party in Spain, recently announced that it intends to introduce a draft bill on cryptocurrencies and blockchain regulations within the next few days. The announcement came during the opening ceremony of ISDE Blockchain and Law research center in Madrid. The purpose of the regulations is to provide some level of certainty to investors and to allow "everyone who wants it" to introduce their own coin, according to PP secretary Teodoro Egea. Egea also hinted at possible tax cuts for blockchain startups and companies that deploy decentralized technologies. 2) Crypto.com, a Hong Kong-based cryptocurrency payment platform recently hired ex-PayPal executive Tyson Hackwood as the new senior vice president and head of global merchant acquisition. Hackwood will help Crypto.com expand its services to consumers and further merchant adoption for point-of-sale (PoS) transactions. The cryptocurrency payments sector is expected to grow rapidly throughout 2019, and new service providers are vying to unseat crypto industry megaliths like BitPay and Coinbase. Hackwood was previously the head of PayPal's Australian branch, and he also was the head of the Asia Pacific region for mobile and web payments offshoot Braintree. 3) Binance, the world's largest cryptocurrency exchange announced last week that they're launching their own blockchain called BNB Chain to power a decentralized exchange. Binance CEO Changpeng Zhao (CZ) made the announcement at a Forbes Asia event. The company has now confirmed that it will use a dBFT-based consensus mechanism. It is a proof-of-stake mechanism used by cryptocurrencies such as NEO, EOS, and Peercoin. (VS)

a month ago

Binance To Build BNB Chain On Delegated Byzantine Fault Tolerance (dBFT)

Binance, the world's largest cryptocurrency exchange announced last week that they're launching their own blockchain called BNB Chain to power a decentralized exchange. Binance CEO CEO Changpeng Zhao (CZ) made the announcement at a Forbes Asia event. The company has now confirmed that it will use a dBFT-based consensus mechanism. It is a proof-of-stake mechanism used by cryptocurrencies such as NEO, EOS, and Peercoin. Binance Coin (BNB) is priced at $4.62, losing 4.38% in the last 24 hours. (VS)

a month ago

Kyber Integration Enables the use of ERC20 Tokens For Land Auctions on Decentraland (MANA)

The team at Kyber recently posted a blog announcing that the decentralized virtual reality platform Decentraland has integrated with the Kyber platform, enabling LAND purchasers the option to pay in eight different ERC20 tokens during the upcoming LAND auction. The eight different ERC20 tokens that can be used to purchase LAND are MKR, DAI, BNB, KNC, ZIL, RCN, ELF and SNT. Through the integration of Kyber’s liquidity protocol, Kyber’s smart contracts convert the LAND buyer’s ERC20 token to MANA before the Decentraland contracts validate the amount of MANA received/traded. (JF)

a month ago

Decentraland To Accept Binance Coin (BNB) For Virtual LAND Auctions

Decentraland has signed a partnership with popular cryptocurrency exchange Binance, and it will accept Binance Coin as a form of payment for LAND auctions. Previously, it only accepted its native token MANA. Binance's BNB has been one of the best performing cryptocurrencies in this year's bear market. Decentraland's next auction is set to start tomorrow, and Binance is also adding support for TrustWallet users to participate in it. Decentraland (MANA) is priced at $0.060666, gaining 8.91% in the last 24 hours. (VS)

a month ago

Binance Adds Multiple Trading Pairs with TrueUSD

Binance has announced that starting on December 7 TrueUSD (TUSD) will be listed with multiple trading pairs on the cryptocurrency exchange. TUSD is the third stablecoin the exchange has added in less than a month and the pairings will include BNB, BTC, ETH, XRP, EOS, and XLM. Last month Binance added Paxos and USDC and it appears that the new additions will allow Binance to reduce its reliance on Tether’s USDT stablecoin. (RS)

a month ago

Finder Experts Forecast Bitcoin at $6700 and 100% Increase For XLM by January 1

Finder.com experts are forecasting a rebound for Bitcoin and top altcoins. According to these experts, before January 1, Bitcoin will surge to $6700. At the time of writing, it is trading at $3789.85. The experts were also bullish on Cardano and Stellar. They believe the two coins will gain by 100% before the year-end. The forecast also states that Ethereum will increase 35% to trade at $141 while XRP will gain 3% during the same period. The experts were bearish on TRX, BNB, and LTC. TRX is expected to lose 12%, Litecoin 13%, and BNB to register a decline of 32% before January 1. (KE)

a month ago

Nearly Every Cryptocurrency is Down 90% from it's All-Time High

Recent data from OnChainFX shows that nearly every major cryptocurrency is down by at least 90 percent from its all-time high. At the moment three-fourths of the top 10 cryptocurrencies are dealing with 90 percent losses and even Ripple (XRP), which has recently surpassed Ethereum for the second spot on CoinMarketCap, is down 91 percent from its all-time high of $3.84. Ethereum (ETH) is down 92 percent from its all-time high of $1,431 and this fact is a little confounding as recent news reports that crypto-whales have been accumulating ETH throughout the year. Bitcoin Cash (BCH) and Cardano (ADA) have taken a 97 percent drop in value since topping out near $4,329 and $1.33. Even Bitcoin has dropped 81 percent since peaking near $20,000 and at the time of writing Bitcoin can be purchased for $3,750. On a more positive note, Binance Coin (BNB) is among the top-15 best-performing cryptocurrencies, even though it is also down 73 percent from its all-time high. (RS)

a month ago

Daily Berminal Brief: Nasdaq Confirms Bitcoin Futures Launch In 2019, And Poloniex Targets Institutional Investors

The State of The Market — December 5, 2018 BTC: $3,913.79 (-2.44%) XRP: $0.349472 (-2.08%) ETH: $108.82 (-2.61%) Bitcoin once again crashed below $4,000 today, taking the entire market with it. Binance Coin (BNB) is the only coin among the top 25 cryptocurrencies in green today. It is up by nearly 20% after Binance CEO confirmed the launch of BinanceChain and the exchanged posted a video of its upcoming decentralized exchange. Bitcoin Cash and EOS suffered the most losses for the second consecutive day, going down by 8% and 7% respectively. In other news, the Department of Financial Services of New York (NYDFS) has approved a blockchain-based payment platform developed by Signature Bank. Signet, a digital payment platform, functions by using blockchain technology to permit bank clients to transfer ‘Signets’ to make payments with no transaction fees, at any time of the day, year-round. Signet also allows Signature Bank clients to instantaneously transfer funds without the need of a third party and the system has already been through a comprehensive and rigorous review. Also, a graduate school managed by the U.S. Air Force has debuted an educational tool which allows users to learn more about blockchain and supply chain management. The tool can be accessed via a free demonstration website, and it can be used as a classroom module or as supplementary material for other lessons taught at the Air Force Institute of Technology (AFIT). The blockchain tool tracks the entire lifecycle of a component from origination to disposal, and this is important as many supply chains now must deal with the issue of having used products re-introduced and sold as new by unscrupulous businesses. 1) Nasdaq, the world’s second-biggest stock exchange, will launch their Bitcoin futures in Q1 2019. Yesterday, VP Nasdaq’s media team Joseph Christinat confirmed this report during an interview with the Daily Express. Christinat noted that they are waiting for a CFTC approval to launch the Bitcoin futures. He said that they had put a lot of resources to the project and the crypto market crash would not stop them. If it gets approval from CFTC, it will join Cboe Global Markets (CBOE) and CME Group Inc. (CME) products which have already been approved. 2) Poloniex cryptocurrency exchange has announced that it will offer institutional trading services and zero-fee transactions on all Bitcoin / USDC trades starting this December. Poloniex was purchased by Goldman Sachs-backed Circle earlier this year, and the exchange will also offer over-the-counter (OTC) trading through Circle Trade. Institutional investors interested in participating in OTC trading must issue orders that are no smaller than $250,000. Circle also said that institutional clients will have higher withdrawal limits and “professional customer support.” 3) IOST has announced the exact dates for its final Testnet version 2.0 and official launch of Mainnet version 1.0. According to their announcement, they would launch their final Testnet version 2.0 on Dec. 20 this year and would launch their Mainnet v1.0 on Feb. 25, 2019. The announcement comes a week after their release of Developer Bounty programs. Developers are encouraged to develop DApps on IOST blockchain, and these DApps will be migrated to their mainnet once it is launched. The first Developer Bounty Program will see the winner receiving about 1000,000 IOST for one task, and more bounty programs reportedly are coming shortly. (VS)

a month ago

Huobi Community Votes On The Future Of Huobi Token

Cryptocurrency exchange Huobi has set up a poll to decide on the future of its Huobi Token (HT). Currently, the exchange uses 20% of its revenue every quarter to purchase HT and later airdrops it to HT holders. However, the exchange has called for a vote to decide if the exchange should permanently burn the repurchased coins. Binance currently burns its Binance Coin (BNB) purchased from its profits every quarter. After the vote, whichever option receives more than 50% of the votes will be adopted by the exchange. Huobi Token (HT) is priced at $1.25, losing 1.28% in the last 24 hours. (VS)

a month ago

Binance Coin (BNB) Gains 15% As Every Other Coin Is In Red

The Crypto market has been slow today, with Bitcoin once again crashing below $4,000. Most cryptocurrencies are in red. However, Binance Coin (BNB), the native currency of cryptocurrency exchange Binance is up my more than 15% in the last 24 hours. The coin is surging right after the exchange released a video demo of its upcoming decentralized exchange. Binance Coin would be used to power the DEX once it is live. Binance Coin (BNB) is priced at $6.36, gaining 15.93% in the last 24 hours. (VS)

a month ago

Binance Coin (BNB) Can Now Be Used to Book Hotel Reservations on Tripio

Users of the popular cryptocurrency exchange Binance that also hold some of the platforms native Binance Coin (BNB) can now use their tokens for more than just trading. Following a strategic partnership with the blockchain-based hotel booking platform Tripio, holders of BNB can now book rooms at over 450,000 hotels and residential accommodations using the BNB token. This partnership highlights the importance of gaining merchant adoption which will help provide a use case that will help cryptos in general gain more widespread adoption. (JF)

a month ago

The Rise of Binance Coin (BNB) & Exchange Driven Tokens

Binance Coin (BNB), Cryptocurrency, Exchanges-As the crypto markets show a slight recovery from yesterday, with Bitcoin climbing above $4000 again to show a tentative trading range, a little talked about coin is leading the pack in 24 hour gains. Binance Coin (BNB), the fourteenth largest currency by market capitalization, is up 13 percent as of writing, leaving some to wonder if the model of cryptocurrency is shifting away from the once stalwart approach towards transactions. Most investors have become familiar with stablecoins throughout 2018, with the high profile-and often controversial-Tether USDT holding the eighth largest position in terms of market capitalization. Compared to traditional cryptos, such as Bitcoin, Litecoin and XRP, Tether and the cadre of stablecoins offer relative price stability by pegging their value to an external source. In the case of USDT, the value of of one token is backed by that of a single U.S. dollar. Other stablecoins have experimented with gold and other precious metals, but the reliance upon familiar fiat choices has been the more popular route. Binance Coin (BNB) operates in a similarly alternative sphere of the crypto-verse. Unlike Bitcoin, which was minted with the sole purpose of operating in the open market, BNB is a growing class of exchange-created and exchange-driven tokens. Like many other currencies minted within the last year, Binance Coin operates as an ERC-20 token built on the Ethereum foundation. While BNB can be bought, spent and traded just like any other crypto, it has the added benefit of providing greater utility on its native platform, such as a more popular trading pair than traditional fiat, and being used to pay trading and exchange fees. In July, outspoken Ethereum founder Vitalik Buterin blasted the current state of cryptocurrency exchanges as being profit-focused as opposed to promoting the principles of decentralization, leading him to utter the now famous phrase, “I definitely hope centralized exchanges go burn in hell as much as possible.” In some respects, Buterin is justified in his criticisms of exchanges which have become the focal point for cryptocurrency and crypto-based adoption. Binance is on pace to top $1 billion in profits by the end of the year, with most exchanges reporting similar record revenues despite it being an abysmal year for cryptocurrency investors and the market in general. However, currencies such as BNB-despite their close association with the conflicting nature of exchanges-are providing a broader glimpse at the function of crypto in the right context. In lieu of widespread and mainstreet adoption, the microcosm of exchange marketplaces show that crypto does hold a fair amount of utility when given a use. The price of BNB is on the rise, good enough to land in the fourteenth position by market capitalization, because of a recognition by customers that they are not only investing in price speculation for the coin, but that it will continue to deliver value on the established platform of Binance. Other cryptos could find a similar following and benefit just the same as BNB. While most traditional media outlets have focused on the woe of the following prices for cryptocurrency into the final month of the year, industry stalwarts such as Mike Novogratz have pointed out the contradiction in value: that crypto adoption is broadening throughout 2018 despite the falling price. With real use-cases and an incentive to buy and use, transactional coins like Bitcoin will find their footing in the coming years. The post The Rise of Binance Coin (BNB) & Exchange Driven Tokens appeared first on Ethereum World News.

a month ago

BNB Gains 10% as Changpeng Zhao says Binancechain will Launch Soon

Today while speaking to Forbes Asia Binance CEO Changpeng Zhao (CZ) announced that Binancechain is going to launch “very soon” and this led to a 10% pop in Binance Token (BNB) price. At the moment BNB is built upon ERC-20 blockchain but once Binancechain launches BNB will move onto this chain. CZ explained that this will allow users to issue assets and trade faster and the exchange will no longer have to liaise with Ethereum blockchain. During high traffic times, Ethereum blockchain can become congested and fees rise to the point where it is not sustainable to trade due to costs and transaction times. (RS)

a month ago

Binance Coin [BNB] Can Be Used in Decentraland Virtual LAND Auctions, Under New Collaboration

Decentraland and cryptocurrency exchange Binance have partnered to explore blockchain-driven gaming innovations. Now, Binance Coin holders can use their coins via Trust Wallet to participate in Decentraland’s auction for virtual world spaces. Supporting Gaming Innovation Blockchain companies are gradually moving into the gaming space. Everdragons recently announced that they would be arriving on the Tron blockchain soon, after having worked on both Ethereum and POA. Binance, one of the largest cryptocurrency exchanges in the world is now supporting blockchain-driven gaming initiatives. Under a new collaboration with Decentraland, BNB coin will now be used for auctions of LAND or virtual land parcels. The official wallet of Binance, the Trust Wallet can be used to participate in the LAND auctions. Users can do so by searching for these auctions on their built-in dApp browser. The auction is set to begin on December 10 and Trust Wallet users can also win MANA and LANDs prizes. Binance is also planning to host a few events related to Decentraland. Binance’s Upcoming Decentraland Events The exchange will first host a trading competition for MANA, the native token of Decentraland. The competition will run from December 4 to December 11. The winner of the competition will get a Binance-branded virtual LAND parcel, and a total of 1.875 million MANA will be distributed among top traders. The second contest will reward users who spend the maximum during the LAND auction using the Trust Wallet. The winner of the competition will get a LAND parcel worth 100,000 MANA. Second place will get a LAND parcel worth 50,000 MANA, third place will receive a LAND parcel worth 20,000 MANA, and the fourth place will get a LAND parcel worth 15,000 MANA. Also, 50 users who use Trust Wallet to buy LAND will even get a chance to win 10,0000 MANA each. Decentraland’s MANA tokens, designed with ERC20 standards, were listed on Binance a year ago. This new collaboration will help to create a new use case for BNB and allow Binance to expand into new opportunities with blockchain gaming. Binance wrote: “To further integrate the Binance ecosystem into the virtual world, the auction can be accessed through the dApp browser of our Trust Wallet, once again proving that the crypto wallet app is at the forefront of pushing for the adoption of blockchain technologies.” Binance Coin [BNB] Can Be Used in Decentraland Virtual LAND Auctions, Under New Collaboration was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

a month ago

Binance Launching Binancechain “very soon” to Enable Issuance of “Millions of Coins”

Changpeng Zhao, CEO of the biggest cryptocurrency exchange Binance is planning to launch Binancechain in the coming months that will be used for the issuance of tokens. Meanwhile, Binance Coin (BNB) is surging amidst the red market. “There will be Millions of Coins and Thousands of Blockchains” At Forbes Asia’s blockchain event, Changpeng Zhao, the CEO of the biggest crypto exchange Binance shared what more is coming for the crypto community. Michael del Castillo, the Forbes writer quoted Zhao from the event on Twitter, “We are launching Binancechain very soon, in a couple months or so, and you will be able to issue tokens on that....I think there will be millions of coins and thousands of blockchains.” Binance is the biggest cryptocurrency exchange with 24-hours trading volume of over $662 million. Source: Coinmarketcap Meanwhile, its native token, Binance Coin (BNB) is surging by 7 percent at $5.50. The 15th largest coin as per market cap of $720 million is managing the daily trading of $ 20 million. Where the majority of the crypto market is in the deep red, BNB is in the green in the BTC and ETH market as well by about 8 and 9 percent respectively. Source: Coinmarketcap As BNB price surged, Zhao Tweeted, Founder tattoos, price goes up. lol. Make sense. https://t.co/xuvGWlCLZ9 — CZ Binance (@cz_binance) December 4, 2018 The tattoo is a symbol of Zhao’s lifelong commitment to Binance which according to him, “Tattoo is the ultimate demonstration of loyalty, it should not be bought. It has to be voluntary.” Binance CEO further talked about the story behind the BNB logo in his medium post, “Sixteen months ago, when we were designing the Binance logo, we tried many different variations. We wanted to represent the bids and asks on the exchange with two squares, while also echoing the “binary” word in our name (Binance = Binary Finance).” From here, they moved on to two squares on top of each other and then putting a bigger square like a board. “The board would be the “playground” or place where things happened, which is what an exchange platform is, after all.” The post Binance Launching Binancechain “very soon” to Enable Issuance of “Millions of Coins” appeared first on Coingape.

a month ago

Cryptocurrency Market Update: Binance Coin (BNB) Climbing as EOS Gets Crushed

FOMO Moments Markets recouping daily losses, Binance Coin and Nem are in the green, EOS is getting hammered. The downward motion on crypto markets has continued today as digital currencies slid further back before making a recovery. Monday’s declines have carried on into Tuesday during the Asian trading session but total market capitalization has managed to recoup to similar levels below $130 billion a couple of hours ago. Bitcoin bulls have failed to keep the digital currency above $4,000 causing it to drop into dangerous territory. A 5% dump saw BTC fall to an intraday low of $3,840 a couple of hours ago before it managed to bounce back. At the time of writing Bitcoin had pulled back to just above $4k again. Ethereum has fallen back to $112 and does not look like making any discernible recovery anytime soon. Altcoins are all still red at the moment with some getting more punishment than others. In the top ten EOS is getting pounded with a 10% dive to $2.55 as more centralization woes plague the project. As has been the case for a few weeks now Bitcoin Cash is collapsing, it was the worst performing crypto in November and has lost another 6% today. There is only one winner in the top twenty at the moment and that is Binance Coin climbing 9% on the day. BNB has reached $5.60 as it partners with Decentraland with a MANA competition and crypto Airbnb platform Tripio. Nem and Dogecoin are also gaining a little but the rest are falling, Ethereum Classic and Bitcoin Gold by the most at 6%. Pump of the day goes to Factom again adding 27%, ODEM and Pundi X are also performing strongly at the moment with double figure gains. As predicted, yesterday’s fomo altcoins are dumping today, namely Centrality, Mithril and MobileGo, all dropping double digits along with EOS. Total crypto market capitalization has managed to bounce back to yesterday’s levels after hitting a low of $124 billion a couple of hours ago. At the time of writing it is around $129 billion which is no gain over Monday. Since last Tuesday markets have gained 4% but since the same time last month they have been smashed 38%. FOMO Moments is a section that takes a daily look at the top 20 altcoins during the current trading session and analyses the best performing ones, looking for trends and possible fundamentals. The post Cryptocurrency Market Update: Binance Coin (BNB) Climbing as EOS Gets Crushed appeared first on NewsBTC.

a month ago

Binance Coin Price Surges Following two Major Announcements

The current cryptocurrency momentum tends to raise a lot more questions than some are comfortable with. That is only to be expected, as it seems there is no consistency to note whatsoever. Now that all markets start to recover again, things will get a lot more interesting. The Binance Coin price, for example, shows how things can improve fairly quickly. Binance Coin Starts to Pile on the Gains There have always been high expectations when it comes to native exchange currencies. In the case of Binance Coin, the currency of the Binance exchange, things have gone according to plan, for the most part. Although its value has been quite substantial throughout 2018, it too faced a big dip in the past few weeks. Some of those losses are now being recovered in quick succession, which is pretty interesting to keep an eye on. Over the past 24 hours, there have been some interesting developments regarding Binance Coin’s price. Its value rose by over 8% in USD value, and noted a similar gain over Bitcoin. Perhaps the more impressive development is how BNB gained over 9.5% over Ethereum as well, which further confirms things are going according to plan. This is also the first time in a while the BNB price surpasses $5.5 again. Several key developments have taken place this week which warrant such a Binance Coin price increase. The first tidbit of news comes in the form of a partnership between Decentraland and Binance. BNB Will become one of the tokens accepted during the upcoming LAND auction, which adds another use case for Binance Coin to the list. Tokens like these, while initially designed for the Binance exchange, can serve many different purposes in the long run. Secondly, it would appear the Binance Coin token is now accepted on the Trip.io platform. More specifically, customers can make reservations for over 450,000 hotels and lodgings around the world by using the BNB token. This makes it another very useful token first and foremost, and one that goes well beyond cashing using it to reduce fees on the Binance exchange itself. A very positive development, that much is evident. 【Breaking News】We are pleased to announce a strategic partnership with @Binance. From now on, more than 10 million users of Binance can make reservation for 450,000+ hotels worldwide using $BNB on Tripio. Thanks for the support of @cz_binance#blockchain #TRIO #Crpyto pic.twitter.com/A6kwgUsovO — Tripio (@thetripio) December 4, 2018 There is also a lot of confusion as to what users “obtain” when they buy BNB tokens. It is a utility token to reduce trading fees on the exchange, yet some people assume this also entitles them to owning a share of Binance as a company. That is clearly not the case whatsoever, as no one but actual investors can own a stake in Binance. An interesting discussion takes place on Twitter claiming this is a “clever loophole”, although that statement doesn’t make too much sense. No, it's not an investment in Binance. You own no part of the company by owning any number of #BNB tokens. — Manish (@real_zao) December 4, 2018 Following these gains, it will be interesting to see what the future will hold for the Binance Coin price. This current trend is rather bullish, although it is expected most currencies will follow suit. For now, BNB maintains the $15 spot in terms of market cap, although it can be overtaken by some other projects moving forward. With these new use cases being added, however, the public’s perception of BNB may change in many different ways. Disclaimer: This is not trading or investment advice. The above article is for entertainment and education purposes only. Please do your own research before purchasing or investing into any cryptocurrency. The post Binance Coin Price Surges Following two Major Announcements appeared first on NullTX.

a month ago

Prominent Analyst: Crypto “Very Close” To Finding Bitcoin (BTC) Bottom

Crypto Analyst: Bitcoin Cash Hard Fork, Regulatory Qualms Have Been Bearish Catalysts Naeem Alsam, a crypto-friendly contributor to Forbes and the Chief Market Analyst at ThinkMarkets, recently sat down with CoinTelegraph in the outlet’s “Time To Buy Bitcoin [BTC]?” exclusive to discuss his opinions on the market, and where BTC could potentially bottom. Alsam, echoing analysis done by a multitude of crypto insiders in recent weeks, did his best to discern what was the root cause for the chaos seen in the Bitcoin seas, which has seen BTC fold by ~40% in recent weeks. The ThinkMarkets analyst first noted that there’s a regulatory issue looming over the cryptosphere, likely referencing the SEC’s recently renewed crackdown on ICO-funded projects, along with other government’s qualms with this asset class as a whole. Alsam, elaborating on what he meant, noted: Everyone knows that because regulators are not friendly. And as long as they maintain the same stance then that we won’t see that huge rally for Bitcoin... and we all know that. The cryptocurrency advocate then drew attention to the contentious hard forks seen recently, claiming that as many laud cryptocurrencies for their fixed supply, the essential inflation of “” supply may have deterred investors at large. He explained: We continue to increase the supply, [and] this is not really a good sign for the industry... I think this [fork[ goes against the major core elements and core values of Bitcoin. “Very Close” To Bitcoin Bottom In spite of his comments, Aslam didn’t seem too bearish on Bitcoin’s short-term prospects. When asked about when this bear market could establish a long-term low, he exclaimed that the feelings of panic spreading throughout the cryptosphere indicates that a bottom as “close enough.” He added that crypto is “very close to finding a bottom,” but was hesitant to pinpoint where BTC would find itself at a low. But, like Michael Bucella of BlockTower Capital, the ThinkMarkets representative noted that once the bottom is in, only a few lucky traders will put up BTC at the price level. Adoption Holding Back Growth Mati Greenspan, eToro’s in-house crypto-centric analyst, who also was featured in CoinTelegraph’s video, took the market with a bit more caution, hesitating to call an exact bottom for BTC or its altcoin brethren. When asked about what advice he could specifically give to “HODLers,” diehard believers of cryptocurrency, Greenspan, putting emphasis on a single concept, told everyone to “relax.” He explained that investments, whether in nascent markets or otherwise, are all about playing a waiting game, adding that “HODLers” should look to make money while they wait on Bitcoin’s next move, rather than waiting to open or close a trade. Bringing the conversation back to current market conditions — an incessantly talked about ‘flavor of the month’ in the cryptosphere — Greenspan noted that the return of market volatility can be chalked up to the arrival of institutional players. He added that such players, who often have more experience than crypto’s traders, are seeing current prices, with BTC under $4,000, as an optimal opportunity to make a foray. Finally, when queried about his prediction for a bottom, the eToro analyst took an optimistic approach without pinning an exact price level. Greenspan stated: So Bitcoin has gone through various boom and bust cycles over the course of its short history... You do get a lot of newcomers into the market, and then after that during the retracement, and then the relaxation period. This is an excellent time for people to up there knowledge to learn more about the industry, more about crypto assets, more about how things work. Still, he added that these boom and bust cycles will likely continue, or at least until full adoption of cryptocurrencies is achieved — this industry’s endgame goal. The Bitcoin Network’s Fundamentals Are Still Booming Although Greenspan didn’t make it explicit, the eToro analyst is likely alluding to the sentiment that 2018’s bear market hasn’t been all that bad for bonafide cryptocurrencies and blockchain projects. Just recently, cryptocurrency advocate Anthony Pompliano, formerly of Facebook and Snapchat, took to a recent installment of Off The Chain, a crypto-centric newsletter he heads, to claim that “Bitcoin has become stronger,” even amid a BTC downturn. Pomp added that even while mainstream media outlets have prematurely proclaimed that “cryptocurrency is dead!” and/or a Ponzi scheme, these cries for death throes aren’t taking the crypto’s fundamentals into account. As put by the Morgan Creek Digital partner, well-known in the cryptosphere for his anti-bank, pro-crypto rhetoric: Fortunately, nothing could be further from the truth. The fundamental drivers of the decentralized technology network are actually growing. Ethereum, third only to Bitcoin and XRP, has also seen its fair share of positive developments. For instance, Justin Drake, a researcher for th

a month ago

How to Buy Cryptocurrency

Cryptocurrency has been around for quite some time, but it’s safe to say that they made headlines in 2017 with their unprecedented rally. Here’s a guide trying to purchase Bitcoin or any other popular cryptocurrency. Leading the march was Bitcoin (BTC) 00, the world’s largest digital currency by means of market capitalization. It went on to reach a price upwards of $20,000 at the beginning of January 2018, from just about $750 the same time last year. Bitcoin and Ether, as a matter of fact, were the two top cryptocurrencies, as the latter reached a price of about $1,400 in January 2018, marking an even larger absolute price increase in terms of percentage compared to BTC, as it started the year at about $10. And while the market has decreased substantially ever since, digital currencies like Bitcoin and Bitcoin Cash remain an interesting field for many retail and institutional investors, as well as buyers and sellers. Below we take a look at the most common reasons people invest in digital currency and cryptocurrency, buy Bitcoin, as well as how you can start buying bitcoin and other digital currencies. Why Invest in Cryptocurrencies? It goes without saying that different people invest for their own reasons and, most of them, have to do with the simple desire to make a profit. However, there are several other reasons for which buyers and sellers, as well as investors, get involved in the cryptocurrency market. Some of the most common reasons include: Portfolio Diversification “Never put all of your eggs in one basket” is a saying that fits the investment world perfectly. When it comes to diversification, there are quite a lot of different approaches you can go about. Adding cryptocurrencies to your investment portfolio is one of the ways that you can balance it. It’s also worth noting that the industry is particularly different from traditional ones and it could substantially increase the potential of maximizing your portfolio’s overall growth. While the cryptocurrency market has currently entered a bear market and the prices are depreciating, the high volatility and the chance of massive gains upwards of 100% are still why a lot of investors are buying cryptocurrency in the first place. In fact, Bitcoinist recently compared the performance of Bitcoin to three traditional stock market companies - Amazon, JD.com, and iQiyi. It turns out that Bitcoin dwarfs all of them in terms of financial growth, outperforming even the most popular FAANG stocks over the years. Another great reason for buying cryptocurrency. Buying Cryptocurrency is Easier than Ever Before Regardless of whether you want to start buying Bitcoin and Ether, or any other cryptocurrency, it is now easier than ever. Naturally, as the prices increased and cryptocurrencies became a lot more popular and in demand, companies started to offer a range of different services which provide quick and easy access to the market. Hence, you can now buy bitcoin and ether using your credit card, debit card, gift cards or you can even purchase bitcoin with cash through physical Bitcoin ATMs or e-money kiosks. However, one must keep an eye out for cryptocurrency exchanges that take commission and transaction fees, which can vary greatly, especially when using a credit card or debit cards. Increasing Adoption It goes without saying that the cryptocurrency market as a whole is still at a very early stage. The abovementioned Bitcoin ATMs, now numbering over 4,000 across the globe, are still hard to come by compared traditional ATMs. However, it’s also worth noting that cryptocurrencies have been around for a relatively short amount of time and their popularity exploded only recently. Furthermore, numerous banks, institutions, countries and even governments have expressed interest in one of Bitcoin’s key component technologies, the blockchain, which suggests that cryptocurrencies are here to stay providing even more reason to purchase bitcoin. The Most Popular Cryptocurrencies What is the most popular cryptocurrency besides Bitcoin? Well, there are over 2,000 cryptocurrencies currently in existence and their market cap rankings can change day to day. There are also plenty of ways you can buy or sell them. However, in terms of popular cryptocurrency that have shown staying power, it’s safe to say that the top digital currencies by market capitalization are also those which people are most aware of. These include, but are not limited to Bitcoin, Ripple (XRP), Ethereum (ETH), Bitcoin Cash (BCH), Stellar (XLM), EOS (EOS), Bitcoin SV (BSV), Litecoin (LTC), TRON (TRX), Cardano (ADA), Monero (XRM), Ethereum Classic (ETC), and others. How to Buy Cryptocurrency on Coinbase Coinbase is currently the largest US-based cryptocurrency exchange on the market. It is headquartered in San Francisco. Buying cryptocurrency on the platform is fairly simple. The first thing you’d have to do is to sign up for a Coinbase account. This will provide you with a place to store yo

a month ago

Even After $30 Billion Invested Most ICOs Are Doomed

In the course of recent years, initial coin offering (ICO) ventures in the crypto market have raised harvested more than $30 billion. However, most ICO projects have little to display, particularly relating to end-user development, blockchain adoption, and predominantly, general user activity on decentralized frameworks. 5 ICOs that have delivered A small number of tokens have exhibited success in substantiating clear vision, growth paths, and credible use cases of blockchain innovation that’s advantageous for users. Binance Coin (BNB), example, which at present operates as the base cryptocurrency of the Binance exchange, will be widely used to process peer-to-peer trades upon the launch of the Binance decentralized exchange (DEX). Additionally, countless merchants have also as of late started to utilize BNB to receive crypto payments. WePower (WPR) based on the blockchain is a Green Energy Trading Platform and is committed to finding solutions to relevant issues of funds access for energy developers and furthermore coordinate venture access for final consumers. The tokens can be used for long-term investments in addition to earning purposes. The company has a well-developed ICO profile and is currently meeting their milestones and roadmap schedule. Solve.Care (CC) is rated as the top healthcare platform on the Blockchain by icoSource. Solve.Care boasts 26 years in Healthcare IT and aims to decentralize and ameliorate healthcare administration utilizing blockchain technology. This will improve the care outcome with the help of effective coordination and reduce the enormous global clinical and IT system costs associated with the current healthcare system. The ICO profile meets all technical requirements and is highly rated by experts. XYO Network (XYO) is building the world’s first people-powered location network built on blockchain technology. the world’s first decentralized location verification system with more than one million Bluetooth and GPS devices already around the world. With the acquisition of GEO, which provides a protocol that allows anyone to easily distribute and verify Proofs of Location in a decentralized network, XYO is poised to help bring the promise and the benefits of blockchain technology to the real world on a massive and global scale in location-reliant trade markets that generate a staggering $11 trillion in activity. Markethive (MHV) built on the Blockchain has positioned itself to be the world’s first social/marketing platform that offers complete privacy, along with total freedom of speech. With over 200 engineers and a hive of portals, hubs, E-commerce and marketing tools, Markethive’s influence in the sphere of entrepreneurs, business owners, commercial artists will rise to prominence. The system is up and running with Infinity Airdrops about to be executed. This is unprecedented in this industry and with its vision to bring universal income and success to all its members, it is set to be the number one Social/Market Network. Imminent demise for most While there are a few coins in the crypto market that represent feasible applications of the blockchain, the vast majority of projects have questionable roadmaps and long-term procedures. As Uber’s Sam Gellman said: “After $30 billion invested in the past two years in ICOs there still isn’t a single crypto app with a real user base for anything other than speculating on crypto. The BTC price movement is tough, but the lack of real user base for anything they’re investing in is tougher.” With regulatory obstructions initiated by the U.S. Securities and Exchange Commission (SEC), the ICO ecosystem will turn out to be considerably more troublesome for both innovators and projects. This week, the U.S. SEC impeded two ICO ventures named AirFox and Paragon, portraying their token sales as unregistered security offerings and requesting the two tokens to refund all of their investors. “They have also agreed to compensate investors who purchased tokens in the illegal offerings if an investor elects to make a claim. The registration undertakings are designed to ensure that investors receive the type of information they would have received had these issuers complied with the registration provisions of the Securities Act of 1933 (“Securities Act”) prior to the offer and sale of tokens in their respective ICOs.” The U.S. SEC affirmed that it supports the blockchain and the employment of newly developing technologies. However, the commission said that market contributors must recognize and abide by local regulations. “We wish to emphasize, however, that market participants must still adhere to our well-established and well-functioning federal securities law framework when dealing with technological innovations, regardless of whether the securities are issued in certificated form or using new technologies, such as blockchain.” The significance of Bear Market 2018 bear market will separate worthy ventures from the fallacious and those that endur

a month ago

Temexe X Crypto Hardware Wallet Review

A hardware wallet has the ability to connect to an internet source send or receive specific cryptocurrencies and then disconnect from the internet source. This is a valuable security feature because without being connected to a network, the holder can keep their coins safe from hacks like the infamous Mt. Gox. Cold storage can save you from disasters like that and anyone planning to hold cryptocurrency for extended periods of time should consider protecting their investments with a hardware wallet. Temexe X hardware wallet review As soon as I got the box open, the first thing that took my notice was the gold plated collector Bitcoin that comes with the wallet. The coin was added as a little gift from Temexe and it actually feels like it’s heavier than the wallet itself. The wallet is sleek and small with a rubber wristband like keychain attached to it. Upon set up I ran into a bit of a snag. To use the wallet you must first download the ourToken app and verify either your email address or your phone number via text. Entering my number and clicking verify started a little 60 second counter but a code was not sent to me. I tried a few times and also attempted to verify by email but it resulted in the same countdown with no code being sent. I sent the support team at Temexe an email to let them know about my problem and they got back to me rather quickly. They informed me that their servers were updating and that it was blocking new users from receiving verification codes. They ensured me that the update was completed and that I’d be able to get through next time around. Once I got the wallet going, everything went pretty smoothly. I was able to send ETH from my Binance account to the Temexe X hardware wallet within 5 minutes. And sending ETH from the wallet to any ETH address took merely seconds and only minutes to be confirmed (6 to be exact) and can be completed even faster by toggling the pull switch all the way to the fast side on the left of the screen on the ourToken app’s interface. Below the slow to fast toggle, the app provides the exact cost you will incur in fees which makes it easy to calculate, but a “use max” button could come in handy. Users can be sure that their transactions are safe and secure because the app is protected with a password and the user must press ok on the actual device in order to confirm a send. The wallet also has up and down arrows that allow you to scroll through the numerous wallets you’ve created. The Temexe X will actually let users created and hold hundreds of addresses if they so choose. If you own Binance’s BNB coins or have a bag of BAT you’ll be able to store your coins no problem. In fact, the Temexe X supports over 500 ERC20 tokens, so it’s highly likely that you can hold your investment securely on it. A Temexe X hardware wallet does not have a WiFi antenna so it can only connect to the internet via Bluetooth. The device ensures secure Bluetooth connections with its Military Grade AES-256 symmetric encryption. With this advanced security technology, private keys are safe even in the event that the user’s phone is hacked, you can read the source code on github. You can find a Temexe X for a little more than half the cost of other popular hardware wallets, the hardware piece currently goes for $69.99 and can be purchased on amazon, so it is a thrifty option for cryptocurrency holders that want to get serious about security. The post Temexe X Crypto Hardware Wallet Review appeared first on ZyCrypto.

a month ago

$1 Billion Moved Out Of Binance, CZ Confirms Funds Are Safe

Early today, nearly $1 billion worth of cryptocurrencies was moved out of the world's largest cryptocurrency exchange, Binance. The transactions ranged from $500,000 worth of EOS and $512 million worth of Binance Coin (BNB). Some users on reddit were worried of a possible breach because the funds were moved to new wallets in a span of just 3 hours. However, Binance CEO Changpeng Zhao (CZ) stepped in and confirmed that the funds were safe. He just pointed out to his previous tweet where he mentioned that the exchange was moving a large volume of cryptocurrencies to their cold wallet. Binance saw a volume of $1.19 Billion in the last 24 hours. (VS)

2 months ago

$510 Million in Binance Coin (BNB) Moved for $0.03 From Binance

According to a tweet by Whale Alert, a popular cryptocurrency tracking wallet tracking Twitter handle, 76% of Binance Coin (BNB) was moved for cents on Wednesday night. According to Whale Alert, 98,776,172 BNB, which is almost all the BNB’s circulating supply, was moved from Binance to an unknown wallet for $0.03 in gas fees on the Ethereum blockchain. The transfer of the BNB, which is equivalent to $510 million, for $0.03 only, clearly highlights cryptocurrency’s value as a near-instant, permissionless, borderless, and trustless medium of value (VK).

2 months ago

Top Cryptocurrency Exchange Listings of The Day

Cryptocurrency exchanges are expanding with new listing and updates. Let’s take a look at the top trading platforms opening up the support for new trading pairs and other altcoins. Binance Creates Unified Stablecoin Market Top exchange of cryptocurrency market, Binance has announced the support for unified stable coin market. The exchange is welcoming USDT as the first token that will show the change and will be listed as USDⓈ - in specific the encircles S will denote this stable coin. “Binance has renamed the USDT Market (USDT) to now be a combined Stablecoin Market (USDⓈ). This is to support more trading pairs with different stablecoins offered as a base pair. Please note that USDⓈ is not a new stablecoin: it is the symbol of Binance’s new stablecoin market.” KuCoin listed LISK The trading platform which was in quite in recent bulletin due to its funding round of $20 million is now supporting yet another cryptocurrency. According to the official announcement, LISK will be traded in pairs of ETH and BTH. The report quoted the trading schedule as; Lisk (LSK) Buying order: 17:30 November 27, 2018 (UTC+8) Lisk (LSK) Selling order: 18:00 November 27, 2018 (UTC+8) Lisk (LSK) Withdrawal: 18:00 November 28, 2018 (UTC+8) Bittrex Exchange Added Bitcoin SV The latest fork of Bitcoin Cash, Bitcoin SV can be available on world’s top cryptocurrency exchange, Bittrex. Bitcoin SV which has recently entered in a list of top 10 cryptocurrencies, is now getting listed on Bittrex with pairs of USDT and ETH. The news first broke out following the official twitter handle of Bittrex which states as; New Market Update: The USDT-BSV and ETH-BSV markets are now open for trading on @BittrexExchange. For more information about Bitcoin SV (BSV) visit: https://t.co/dDuAK9jXnG pic.twitter.com/0XQjhMMm5y — Bittrex (@BittrexExchange) November 27, 2018 Bitfinex Supports Tether with Fiat Pair With stablecoin on hype, Bitfinex has released yet another announcement today. According to the latest release, Bitfinex user’s wallet can now support fiat-to-Tether trading - by paring Tether Dollars (USDT) and Tether Euros (EURT). The blog reads as; Continuing our heritage of providing a neutral, coin-agnostic platform, from today Bitfinex users will be able to trade Tether-fiat directly on our platform through the addition of USDT/USD and EURT/EUR Tether trading pairs. This replaces the previous 1:1 conversion on deposits and withdrawals provided by Bitfinex, and reflect the increasing range of choice in the stablecoin market and demands from our consumers. From today onwards, Bitfinex customers will be able to trade Tether-fiat directly on our platform through the addition of USDT/USD and EURT/EUR Tether trading pairs. To find out more, see https://t.co/KAzPciUwqJ. pic.twitter.com/efvJBVzlgJ — Bitfinex (@bitfinex) November 27, 2018 Paxos Standard (PAX) As Base Pair on Binance Beside a unified stable market, Binance has integrated Paxo standard (PAX) as the base currency. The inclusion of PAX will more likely act as the alternative option to stable coin Tether (USDT). In a statement, Charles Cascarilla, Paxos co-founder and CEO, said in a statement, “Demand for PAX has grown very quickly since we launched just over two months ago, making it clear that traders want a stable, regulated and transparent stablecoin,” As per the sources, PAX can be paired with 385 different cryptocurrencies in near future but at present, the trading will go live paring BTC, ETH, BNB, XRP, EOS, and XLM. The post Top Cryptocurrency Exchange Listings of The Day appeared first on Coingape.

2 months ago

eToro’s New Report Classifies Binance Coin (BNB) as a Utility Token and a Possible Security

The trading platform of eToro recently listed Binance Coin (BNB) this October and thus became the first external exchange to list the token native to the popular crypto exchange of Binance. BNB is now available on eToro alongside other prominent cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC) and more. As with all trading and investing firms, the team at eToro have issued a detailed report explaining Binance Coin (BNB) to its possible investors as well as the digital asset’s future outlook. BNB Can Be Classified as Both a Utility Token and as A Security The crypto exchange of Binance kicked off through a successful ICO that was held back in mid-2017. This fact has often raised questions as to whether the token is a security due to the fact that participants of the ICO and holders of BNB expect some form of benefits from the exchange. Classifying BNB as a security therefore is left to the interpretation of the different laws of the various individual global jurisdictions. Mati Greenspan, Senior Market Analyst at eToro and author of the report, went on to explain how BNB falls into these two categories: BNB does not provide exclusive access to Binance, but it does entitle the holder to a series of benefits in the platform, such as lower trading fees. In that sense, a strong case can be made for it being a utility token. [The] fact that the value of BNB is tied to the performance of the company (Binance) could lead to its classification as an asset token, and therefore a security. More on BNB From the Report by Mati Greenspan The report does acknowledge that Binance’s ICO was one of the most successful ones in 2017. Led by Changpeng Zhao, or simply CZ, Binance has a lot of plans of improving the exchange to add additional features for its clients/users. Mati Greenspan goes on to point out the following positive facts about BNB and the exchange: CZ has become one of the most influential figures in the crypto space Specific discounts on the exchange apply when using BNB to pay for trading fees. 50% during the first year of operation; 25% during the second (current discount); 12.5% during the third; 6.25% during the fourth; and zero discounts after that BNB being used to support and investing in new ICOs on the platform’s launchpad Incentives for users to hold more BNB such as increment in referral bonuses Use case of BNB to pay for goods and services The Secure Assets Funds for Users (SAFU) to cushion clients from glitches at the exchange that might cause financial damage The decentralized exchange being developed that uses BNB for trading fees Creation of the Binance Chain that will allow BNB to migrate from an ERC20 token to the new blockchain The active Blockchain Charity Foundation which aims at making the process of giving more transparent What are your thoughts on the new analysis of Binance Coin (BNB) by eToro? Please let us know in the comment section below. Disclaimer: This article is not meant to give financial advice. Any additional opinion herein is purely the author’s and does not represent the opinion of Ethereum World News or any of its other writers. Please carry out your own research before investing in any of the numerous cryptocurrencies available. Thank you. The post eToro’s New Report Classifies Binance Coin (BNB) as a Utility Token and a Possible Security appeared first on Ethereum World News.

2 months ago

Daily Berminal Brief: Coinbase Launches OTC Desk, And Nasdaq Partners With VanEck To Launch Crypto Futures Contracts

The State of The Market - November 28, 2018 BTC: $4,036.63 (+8.44%) XRP: $0.373892 (+7.37%) ETH: $114.36 (+9.40%) Bitcoin is now moving horizontally between $3,600 and $4,000 over 24-hour periods. After yesterday's fall to $3,600, it is now trading slightly above $4,000. However, expect the bears to pull the price down once again. Bitcoin is expected trade range-bound for the next few days before a clear winner between the bears and bulls emerge. If the bears win, Bitcoin could go to a low of $1,500. If the bulls win, Bitcoin could nearly double itself to $7,400. With Bitcoin in green, the rest of the market is also in green today. Bitcoin Cash SV is the only coin among the top 50 cryptocurrencies that is down today. In other news, BitTorrent now accepts TRX, BTC, and BNB for its premium products. BitTorrent, which is behind a peer-to-peer communication protocol and products, boasts more than 100 million users and is known for its "popular Pro and Ads Free products." It was acquired by the Tron foundation early this year. Also, China's Center for Information and Industry Development (CCID) has revised its ranking list of crypto projects, with EOS still occupying the top spot, followed by Ethereum. However, the center upgraded BTC from the 19th place in the previous month to the 13th place. BCH, which endured a contentious hard fork on Nov. 15, dropped one position to the 29th place. 1) Coinbase has launched its over-the-counter (OTC) trading desk for its prime institutional customers, with plans to incorporate delayed settlement and Coinbase custody. OTC trading mitigates slippage and prevents scalping, front-running, and other volume-related losses. Consequently, this move would reduce the cost of purchasing cryptocurrency for institutions and reduce overall market volatility. Speaking about Coinbase's developments in an interview with Cheddar, Christine Sandler, the firm's head of sales added their USDC stablecoin is 'one of the most liquid stablecoins that are trading right now.' 2) Nasdaq, the world's second-largest stock exchange, is partnering with investment management firm VanEck to bring a host of new cryptocurrency financial products to market. Gabor Gurbacs, VanEck's director of digital asset strategy, announced the move during CoinDesk's Consensus: Invest conference, saying that the partnership will "bring a regulated crypto 2.0 futures-type contract" to the market. The new financial products reportedly will leverage Nasdaq's stock markets surveillance system, called SMARTS, as well as the trusted pricing benchmarks provided by MVIS. Gurbacs hinted that the launch date of these financial products could be in Q1 of next year. 3) South Korea's largest crypto exchange Upbit has been approved by the Korea Internet and Security Agency (KISA) for having strong security. KISA issued an information security management system (ISMS) license to Upbit. KISA made the license mandatory in December 2017 for any business that generates more than $100 million in annual revenue. Upbit is the first cryptocurrency exchange in the country to obtain the ISMS license. (VS)

2 months ago


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